27th june,2018 daily global regional local rice e newsletter

27th June,2018 Unedited Version

Daily Global Regional Local Rice ENewsletter www.riceplusmagazine.blogspot.com mujahid.riceplus@gmail.com NFA holds bidding for MAV rice imports

By Jed Macapagal June 26, 2018 The National Food Authority (NFA) has conducted an auction for the service fee for the minimum access volume (MAV) rice importation program.

The said process is being done in order to assure the price of rice that will be imported by the private sector under MAV will be competitive.

NFA administrator Jason Aquino said at least 348 private corporations, cooperatives, and farmers organizations (FOs) participated in the bidding.

Earlier, the NFA Council set the minimum bid price for the auction at P250 per metric tons (MT) with succeeding bid offers at increments of P250 per MT but was lowered to P100 per MT and increment of P10 per MT. However, the agency clarified that only those which applied, pre-qualified, and were awarded eligibility to bid (ETB) by them may submit bids.

Under the importation guidelines, rice traders are allowed to source from countries with a specific quota (CSQ) or from other rice-producing countries.

For the volume per origin, Thailand and Vietnam again have the highest maximum volume set for countries with specific quota at 293,100 MT each.

China, India and Pakistan were given 50,000 MT limit each, followed by Australia with 15,000 MT, and El Salvador with 4,000 MT. Rice imports from omnibus origin were limited to 50,000 MT. This will fulfill the importation of 805,200 MT of rice under the MAV scheme of the World Trade Organization (WTO).

The rice importation will only be limited to local importers composed of corporations, partnerships, sole proprietorship,

joint ventures or farmers’ organizations. Each company will have a volume limit of 50,000 MT for non-FOs while a single FOs can only import up to 5,000 MT. However, “to ensure that the bidding will not be monopolized by big companies, only 80 percent of the import volume will be allocated to non-FOs while the remaining 20 percent will be allocated for FO’s. This is equivalent to 161,000 MT for FO’s, and 644,000 MT for non-FOs,” Aquino noted.

Allocations for Luzon, Visayas and Mindanao are also proportioned based on the 2018 national daily consumption requirements. Of the total rice imports, 467,000 MT will be for Luzon (58 percent), 153,000 MT for Visayas (19 percent), and 185,000 MT for Mindanao (23 percent).

Aquino said the schedule of arrival of the rice imports will be in two phases during the lean months so as not to affect the buying price of local palay among local traders.

First phase will start arriving in July until Aug. 31, 2018, while the second phase will be on Dec. 20, 2018 until Feb. 28, 2019.

Last year, 805,200 MT of rice was also approved for importation under MAV but only 746,962 MT were allocated.

Arrival of rice import scheduled for the Phase II of 2017 MAV is ongoing until Aug. 30, 2018 with 200,673 MT still expected to arrive.

MAV is the volume allowed for a specific agricultural product that is imported to the country at a lower tariff due to the country’s commitment under the provisions of the General Agreement on Tariffs and Trade of the WTO. Annually, MAV importation is shouldered by the private sector.

Category: Business News

http://www.malaya.com.ph/business-news/business/nfa-holds-bidding-mav-rice-imports

Private traders to import 780,000 MT of rice under MAV

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Published June 26, 2018, 10:01 PM

By Madelaine B. Miraflor

Private traders are set to import 780,000 metric tons (MT) of rice under the Minimum Access Volume (MAV) program.

The National Food Authority (NFA) conducted on Monday night the auction for 2017 to 2018 MAV rice importation program in compliance with Philippines‘ commitment to the World Trade Organization (WTO).

Under this scheme, the country has to fulfill the importation of 805,200 MT of rice as we gave up the WTObacked import quota for the staple.

NFA Grains and Marketing Chief Rocky Valdez said yesterday that of the total volume, only 19,000 MT, or those that are supposed to come from El Salvador and Australia, were not allocated.

To be specific, 348 private corporations, cooperatives, and Farmers Organizations (FO) participated in the bidding.

Valdez said that of these, only 15 to 20 percent will be awarded with supply contracts.

Under the importation guidelines, rice traders are allowed to source from countries with a specific quota (CSQ) or from other rice-producing countries (omnibus origin).

For the volume per origin, Thailand and Vietnam again have the highest maximum volume set for countries with specific quota at 293,100 MT each.

China, India, and Pakistan were given 50,000 MT limit each, followed by Australia with 15,000 MT, and El Salvador with 4,000 MT. Rice imports from omnibus origin was limited to 50,000 MT. The rice importation was limited to local importers composed of corporations, partnerships, sole proprietorship, joint ventures or farmers‘ organizations.

Each company has a volume limit of 50,000 MT for non-FO while a single FO can only import up to 5,000 MT. Allocations for Luzon, Visayas, and Mindanao are also proportioned based on the 2018 national daily consumption requirements.

Of the total rice imports, 467,000 MT will be for Luzon (58 percent), 153,000 MT for Visayas (19 percent), and 185,000 MT for Mindanao (23 percent).

NFA Administrator Jason Aquino said that the schedule of arrival of the rice imports will be during the lean months so as not to affect the buying price of local palay prices among local traders.

The arrival of the rice imports is divided in two phases. ―First phase will start arriving in July until August 31, 2018, while the second phase will start on December 20, 2018 until February 28, 2019,‖ Aquino said.

Last year, 805,200 MT of rice was also approved for importation under MAV but only 746,962 MT were allocated.

Arrival of rice import scheduled for the Phase II of 2017 MAV is still ongoing until August 30, 2018 with 200,673 MT still expected to arrive.

Tariffs collected from MAV importation will go to Agricultural Competitiveness Enhancement Fund, which is allocated to the agriculture sector.

The MAV importation is on top of the importation of 500,000 MT of rice through a government-togovernment and government-to-private bidding that just recently took place.

https://business.mb.com.ph/2018/06/26/private-traders-to-import-780000-mt-of-rice-under-mav/

Unchecked GM seed imports could hurt rice exports Ahmad Fraz KhanUpdated June 25, 2018

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AS officials and traders rejoice in the rice crop‘s success, rice production and its exports —which stand second only to cotton exports — are already in jeopardy.

Reports of genetically modified rice seed invading the market, and thus affecting production, have generated fears in the industry regarding exports.

According to the Rice Exporters Association of Pakistan‘s (REAP) data, the country now produces 7.4 million tonnes of rice — a record unto itself. Production swelled by 8.7 per cent from 6.8m tonnes last year.

The Department of Plant Protection detained the consignments of around 1,800 tonnes of hybrid rice seed suspecting them to be genetically modified As per the economic survey of 2017-18, the area cultivated under rice crop increased by 6.4pc from 6.72m acres in 2016-17 to 7.14m acres this year. Therefore, exports registered a 29pc increase in the first three quarters (July-March) of the current fiscal as compared to the corresponding period last year.

The income from exports grew from $1.17 billion to $1.49bn this year. This success has a context. The Ministry of Food Security and Research took an initiative in 2015 for improving yield and trade surpluses; they involved the Chinese government and companies in rice production and started importing a better quality hybrid rice seed.

For the next two years, both sides were sending and receiving a number of delegations, with Chinese and Pakistani rice experts frequenting each others‘ fields and markets. This resulted in producing better varieties of hybrid seeds, with the addition to yield outpacing the increase in area under production.

The average yield has jumped from 825 kilogramme per acre in 2010-11 to over 1,000kg/acre this year. These statistics have generated optimism and rightly so. However, this success came after a massive trade in imported seeds from China, ranging from 7,000 tonnes to 10,000 tonnes.

Pakistan, with few interventions at its ports and in the distribution network, was never expected to keep the supply chain fully clean. During random sample checking at the port early this year, some consignments from China were found to be carrying genetically modified (GM) rice seed and were detained.

The Department of Plant Protection (DPP), which checks for quality and purity, detained the consignments of around 1,800 tonnes of hybrid seed and made them undergo the testing process.

The matter was complicated further when one laboratory in Karachi tested the consignment positive for genetic modification, but another lab in Faisalabad contradicted it. Yet another official lab tested it positive. As the issue snowballed, the Chinese embassy and the Punjab government stepped in.

In a letter to the federal government in April this year, Punjab informed the food ministry that despite a policy of zero tolerance towards import and export of GM rice, consignments with such content are reported every now and then.

REAP has also been reporting rejections of export consignments due to the same reason. It has thus requested to strengthen the inspection process by involving nationally reputed laboratories.

In a similar letter, the Chinese government, which had duly cleared the consignments, also wrote to the food ministry claiming that Pakistan imports 7,000 to 10,000 tonnes of hybrid rice seed from China every year.

China neither allows production nor export of GM rice seed to any of its companies. Citing discrepancies in the testing results, it asked the ministry to intervene and test the consignment in the presence of experts from both sides to resolve the matter.

Beyond this diplomatic row, the industry here needs to be more cautious as its stakes in the crop are even higher now given the recent success of the crop grown with the help of the Chinese.

According to the traders of the seed, with the massive expansion in the seed business, some trading houses, which have neither research nor testing facilities, got involved in the business on either side.

GM rice seed will keep infiltrating the Pakistani market until and unless both sides set up a registration process and a monitoring system to keep the supply chain clean. The food ministry on its part needs to understand that its policy initiative, for which it is claiming credit, could become a national liability if it does not move quickly to plug these holes.

If consignments keep getting stopped or rejected for such reasons, the entire initiative will fizzle out and additional production will remain stuck in the country, leading to economic chaos, as has happened with wheat.

The reports of GM content, which are sporadic so far, should not be allowed to gain any momentum otherwise Pakistan would quickly lose foreign markets, which have no tolerance for such commodities.

Published in Dawn, The Business and Finance Weekly, June 25th, 2018 For more live updates, follow Dawn.com's official news Instagram account @dawn.today

Unchecked GM seed imports could hurt rice exports Ahmad Fraz KhanUpdated June 25, 2018

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2

AS officials and traders rejoice in the rice crop‘s success, rice production and its exports —which stand second only to cotton exports — are already in jeopardy.

Reports of genetically modified rice seed invading the market, and thus affecting production, have generated fears in the industry regarding exports.

According to the Rice Exporters Association of Pakistan‘s (REAP) data, the country now produces 7.4 million tonnes of rice — a record unto itself. Production swelled by 8.7 per cent from 6.8m tonnes last year.

The Department of Plant Protection detained the consignments of around 1,800 tonnes of hybrid rice seed suspecting them to be genetically modified As per the economic survey of 2017-18, the area cultivated under rice crop increased by 6.4pc from 6.72m acres in 2016-17 to 7.14m acres this year. Therefore, exports registered a 29pc increase in the first three quarters (July-March) of the current fiscal as compared to the corresponding period last year.

The income from exports grew from $1.17 billion to $1.49bn this year. This success has a context. The Ministry of Food Security and Research took an initiative in 2015 for improving yield and trade surpluses;

they involved the Chinese government and companies in rice production and started importing a better quality hybrid rice seed.

For the next two years, both sides were sending and receiving a number of delegations, with Chinese and Pakistani rice experts frequenting each others‘ fields and markets. This resulted in producing better varieties of hybrid seeds, with the addition to yield outpacing the increase in area under production.

The average yield has jumped from 825 kilogramme per acre in 2010-11 to over 1,000kg/acre this year. These statistics have generated optimism and rightly so. However, this success came after a massive trade in imported seeds from China, ranging from 7,000 tonnes to 10,000 tonnes.

Pakistan, with few interventions at its ports and in the distribution network, was never expected to keep the supply chain fully clean. During random sample checking at the port early this year, some consignments from China were found to be carrying genetically modified (GM) rice seed and were detained.

The Department of Plant Protection (DPP), which checks for quality and purity, detained the consignments of around 1,800 tonnes of hybrid seed and made them undergo the testing process.

The matter was complicated further when one laboratory in Karachi tested the consignment positive for genetic modification, but another lab in Faisalabad contradicted it. Yet another official lab tested it positive. As the issue snowballed, the Chinese embassy and the Punjab government stepped in.

In a letter to the federal government in April this year, Punjab informed the food ministry that despite a policy of zero tolerance towards import and export of GM rice, consignments with such content are reported every now and then.

REAP has also been reporting rejections of export consignments due to the same reason. It has thus requested to strengthen the inspection process by involving nationally reputed laboratories.

In a similar letter, the Chinese government, which had duly cleared the consignments, also wrote to the food ministry claiming that Pakistan imports 7,000 to 10,000 tonnes of hybrid rice seed from China every year.

China neither allows production nor export of GM rice seed to any of its companies. Citing discrepancies in the testing results, it asked the ministry to intervene and test the consignment in the presence of experts from both sides to resolve the matter.

Beyond this diplomatic row, the industry here needs to be more cautious as its stakes in the crop are even higher now given the recent success of the crop grown with the help of the Chinese.

According to the traders of the seed, with the massive expansion in the seed business, some trading houses, which have neither research nor testing facilities, got involved in the business on either side.

GM rice seed will keep infiltrating the Pakistani market until and unless both sides set up a registration process and a monitoring system to keep the supply chain clean. The food ministry on its part needs to understand that its policy initiative, for which it is claiming credit, could become a national liability if it does not move quickly to plug these holes.

If consignments keep getting stopped or rejected for such reasons, the entire initiative will fizzle out and additional production will remain stuck in the country, leading to economic chaos, as has happened with wheat.

The reports of GM content, which are sporadic so far, should not be allowed to gain any momentum otherwise Pakistan would quickly lose foreign markets, which have no tolerance for such commodities.

Published in Dawn, The Business and Finance Weekly, June 25th, 2018 For more live updates, follow Dawn.com's official news Instagram account @dawn.today

https://www.dawn.com/news/1415842

Syndicate behind rice price hike: experts Moinul Haque | Published: 23:30, Jun 24,2018 | Updated: 23:51, Jun 24,2018

A rice seller waits for customers at a shop in Dhaka recently. — New Age file photo

Traders, despite bumper yield of paddy, have increased prices of rice on the pretext of the reinstatement of 28 per cent import duty on the staple.

Market experts suspect a syndicate behind the recent hike of rice prices in the wake of the resumption of the import duty early this month to protect the local growers.

They say that despite having a huge supply of rice in market, the price hike indicates market manipulation.

The prices of rice have been on a rising trend in Bangladesh capital‘s wholesale markets since the announcement in the budget for the financial year of 2018-19 on June 7 that the government reinstated 28 per cent import duty on the staple.

The high price of rice hit the retail market following Eid-ul-Fitr and the prices of all varieties of rice increased

by Tk 1-3 a kilogram.

Experts blame a syndicate and lack of government monitoring, saying that imposition of import duty is appropriate but the government should monitor the market of the vital commodity. ‗There is no reason to increase the price of rice as more than 40 lakh tonnes of Boro rice have already entered market,‘ agricultural economist Abdul Bayes told New Age on Sunday.

The country‘s rice market is fully controlled by a syndicate and the quarter is increasing price of the staple to make excessive profits using duty imposition as an excuse, he says. ‗I appreciate reinstatement of import duty on rice but it was not timely. The government should have reinstate the import duty just after the harvesting season of Boro,‘ Abdul Bayes, also director of BRAC Research and Evaluation Division, said.

Of both the growers and consumers, no one gets the benefit of import duty as it has been imposed at a time when small and medium farmers have already sold their stocks of rice at low prices while the consumers are forced to pay higher prices, he explains.

He suggests that the government form a price commission to ensure a win-win situation for both growers and consumers.

Ghulam Rahman, president of Consumers Association of Bangladesh, says that despite having a huge supply of rice, a quarter is trying to manipulate the market.

There is no acceptable reason to increase the price of rice as the country witnessed bumper production of rice in last two seasons, he says. ‗I think if the government takes necessary measures, the attempt to manipulate market by a quarter will not be successful,‘ Ghulam Rahman said.

Traders, however, have alleged that immediately after the reinstatement of 28 per cent import duty on rice, importers and mill owners have squeezed the supply of rice and increased the price.

A kilogram of coarse variety of rice was selling at Tk 43-45 a kg on Sunday in the city markets.

The fine variety of Najirshail rice was retailing at Tk 65-70 a kg and its standard variety at Tk 60-65 a kg.

BR-28 rice was retailing at Tk 50-54 a kg while Miniket was selling at Tk 62-68 a kg.

Syed Monirul Islam, proprietor of Barisal Rice Agency at Mohammadpur Krishi Bazar, said that rice importers

and mill owners increased the prices of all varieties of rice and they also squeezed the supply as the government re-imposed import duty on the item.

Kawser Alam Khan, vice-president of Bangladesh Rice Merchants Association, said every year the prices of rice increased a little bit after Eid in the absence of production at the rice mills during to Eid vacation.

He said that it would not be logical to increase the rice prices on the pretext of import duty but all traders would not run their business abiding by ethics and few traders or importers could take the advantage. ‗We have sufficient domestic production of rice and we need not to impost the item at this moment,‘ Kawser added.

KM Layek Ali, general secretary of Bangladesh Auto Major and Husking Mill Owners Association, alleged that the government imposed import duty aiming to increase the prices of rice.

http://www.newagebd.net/article/44405/syndicate-behind-rice-price-hike-experts

Rice-import LCs on zero margin facility scrapped Staff Correspondent | Published: 22:19, Jun 26,2018

Bangladesh Bank on Tuesday asked all commercial banks not to open any letter of credit on zero margin for import of rice.

The margin will be decided based on banker-client relationship and risk of the loan for import of rice, the central bank said in a circular.

Banking regulation and policy department of the central bank issued the circular which also said that effectiveness of its previous two circulars issued on June 19 and June 21 in last year providing zero margin facility on import of rice expired on December 31.

The BB at that time had instructed the banks to open LCs without margin or taking any advance payment from the importers against the LCs to expedite rice import and contain the prices of the essential product on the local market following an abrupt rise in the rice prices.

The decision had been taken as the supply of rice faced a shortfall as flash floods in the haor areas caused a significant loss to rice production.

At that time, the BB had also restricted the tenure of payment or adjustment of current credit or overdraft facility (pledge and hypothecation) to 30 days from 45 days for the mill owners and rice traders.

In the latest circular to all managing directors and chief executive officers of banks, the BB said that rice production in the current year was satisfactory due to convenient weather.

The government has also taken various steps to ensure fair price of rice for local farmers and producers as well as to encourage them to cultivate rice.

The government is also working to ensure food security by raising the food-stock level to the expected level.

In this situation, banks are advised to determine the rate of margin in opening LCs for rice import considering the risk of loans for the purpose. ‗LCs should not be opened, at anyway, on zero margin,‘ the circular said.

Rice millers and traders must have to adjust the current credit/ overdraft (pledge and hypothecation) with the banks within 45 days.

The mill owners and rice traders have to adjust or pay the current credit with the banks within 30 days, the circular added. Usually, banks open LCs for all imported items with keeping margin at various rates up to 100 per cent of credit based on bank-customer relationship. http://www.newagebd.net/article/44558/rice-import-lcs-on-zero-margin-facility-scrapped

Closure of land borders: Bigger questions loom Published June 27, 2018

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Audu Ogbeh

CITING the menace of organised smuggling to the revival of its domestic rice programme, Nigeria is about to shut its land borders with its West African neighbours. Not surprisingly, the Minister of Agriculture and Rural Development, Audu Ogbeh, declared that the imminent closure was aimed at protecting the production of rice by local farmers. Nigeria has witnessed a mini-revolution in domestic rice production in the past two years, but the revival faces a massive threat from cross-border smuggling.

In truth, this rare success story is under a heavy attack by the countries that surround Nigeria. Although this country’s imports are down because of several measures put in place, its neighbours’ rice imports have tripled. Benin Republic, which used to import 400,000 metric tonnes annually, has seen its rice imports climb to 1.2 million MT. Other countries like Cameroon and Niger also flood their coasts with rice from Thailand.

These countries are manipulating the West African Free Trade Protocol, which allows ECOWAS countries to move goods and services at preferential tariff rates. With our porous borders, weak

immigration and compromised customs control, most of the rice from Asia ends up in Nigeria through the back door. This kills the local efforts to sustain production.

Besides, the country loses revenue because duties are not paid on smuggled goods. Therefore, the Muhammadu Buhari administration is right to clamp the land borders shut, even if temporarily, to protect Nigeria’s interest. It is an extreme diplomatic move, but it sends a clear message to our neighbours. However, it is not the first time. At the height of cross-border banditry in 2003, the then Olusegun Obasanjo administration shut the border with Benin Republic. The closure had an instant impact: cross border crime reduced and has not attained that scary level since the border was reopened.

Indeed, rice is regarded as a staple in Nigeria. In spite of this, the country abandoned rice farming, perhaps because it was flush with cheap petrodollars. Profligately, it depended heavily for decades on imported rice to feed its population. Nigeria imported rice in 2015 at $1.65bn, the Federal Government said. This is not sustainable. From Thailand alone, Nigeria imported 664,131 metric tonnes of rice in the one year to September 2016. In 2008, the government had unwisely released N80bn from the Natural Resources Development Fund to import 500,000MT of rice. This money, ploughed into a domestic cultivation programme, would have transformed rice farming in Nigeria.

With economic recession underlined by high cost of foreign exchange to procure imports, the government, through the Central Bank of Nigeria, launched the Anchor Borrowers’ Programme, which channelled N100bn soft loans to rice farmers. In 2015, the CBN included rice among the 43 prohibited items not eligible for

foreign exchange at a concessionary rate. A 60 per cent import duty was also placed on the item.

These sweeping measures revived domestic production. By September 2017, rice import from Thailand had declined sharply by 90 per cent to 20,000MT. From five million rice farmers in 2015, the number climbed to 11 million in 2017, the Rice Processors Association of Nigeria stated. Production has climbed to seven million MT from four million MT. Apart from cross-border smuggling, salient questions, however, remain in the drive to be self-dependent and ban rice import completely by 2020. The Nigeria Customs Service, as currently constituted, lacks the mettle to contain the activities of smugglers.

The borders – which cannot even be closed indefinitely – are also porous. Thirdly, the government is too weak and distracted to prosecute effectively smugglers.

As cars, prohibited items like processed food and frozen poultry are being smuggled heavily into Nigeria. Customs headed by Hameed Ali, have looked helpless as refined petroleum products, which Nigeria imports at a damaging cost to its economy, are smuggled across the border. In addition, arms and ammunition flow into Nigeria through this negligence. The United Nations has said that 350 million out of the 500 million small and light weapons circulating in West Africa are in Nigeria. The NCS is only able to seize a fraction, as it did in 2017 on three separate occasions. This fuels banditry, kidnapping, armed robbery, Fulani herdsmen massacres and the Boko Haram insurgency. Zamfara State is under siege from local and trans-border bandits.

Insecurity is exacerbated by the laxity of the dysfunctional Nigeria Immigration Service. The government approved only 84 official

border points of entry into Nigeria. Puzzlingly, there were 1,499 illegal border routes as of 2013, the then Minister of Interior, Abba Moro, said. Criminals and insurgents, therefore, easily infiltrate the country, causing mayhem. Therefore, closing the land borders alone is not an integrated solution to the menace of rice smuggling.

In simple terms, the Federal Government needs radical initiatives to save the situation. This is what India and Pakistan do at their joint borders, which is about 3,300 kilometres long. Out of this, nearly 2,000 kilometres is floodlit. Troops from both sides patrol their side of the borders with intense scrutiny owing to fears of Islamist terrorism. Unlike Nigeria, these governments give no excuse to their citizens.

For that reason, the closure of the land borders should be accompanied by an overhaul of the Customs, in which officers have to work with high-end technology. The current system of chasing smugglers in the hinterland is inescapably obsolete. Detection ought to occur at the borders; those caught should be prosecuted swiftly.

Government should set a target for the NCS to drastically reduce smuggling.

To protect the 100,000 miles of the American coastline, the US Coast Guard employs over 56,000 officers to operate a multi-mission, interoperable fleet of 243 Cutters, 201 fixed and rotary-wing aircraft, and over 1,600 boats. Immediately, the NIS has to be restructured for efficient service delivery. Its capacity should be enhanced, with air surveillance established to monitor remote illegal border crossings.

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Rice prices continue to soar Delayed distribution of more affordable NFA rice partly causes unabated increase By: Karl R. Ocampo - @inquirerdotnet Philippine Daily Inquirer / 05:14 AM June 26, 2018

Rice prices have continued to increase, due in part to the delayed distribution of imported cheap rice by the National Food Authority.

According to the Philippine Statistics Authority‘s monitoring report on last week prices, regular-milled and well-milled rice are selling at P40.44 and P44.13 a kilo, respectively.

Compared to the same period last year, both have risen by 7.18 percent and 5.55 percent, respectively, said the PSA report released yesterday.

This was the 23rd straight week that rice prices have increased, according to the PSA.

In a phone interview, NFA spokesperson Rex Estoperez said retail prices of rice would likely continue to rise until there is enough cheap rice in the market.

The elevated prices of rice have contributed to the acceleration of inflation, which hit 4.5 percent year-on-year in April, the fastest pace in more than five years.

The NFA expects, however, rice prices to go down by at least P1 to P2 a kilo once the imported rice shipments are distributed nationwide.

Based on the NFA‘s original time frame, rice imports should have been distributed across the country by now, in a bid to stem the unabated increase in rice prices.

The NFA said, however, that its distribution operations had been delayed by bad weather and port congestion issues.

The subsidized rice is expected to improve the plight of less affluent consumers who have been suffering from rising prices of basic commodities such as rice.

NFA rice variants are priced at just P27 to P32 a kilo, depending on the quality, and are consumed by some 10 million Filipinos.

Another 250,000 metric tons (MT) of rice are expected to arrive from Thailand and Vietnam by July and August in preparation for the country‘s lean months.

The period usually runs from July to September when there is hardly any local harvest.

Read more: http://business.inquirer.net/253036/rice-prices-continuesoar#ixzz5JhzDKWSX Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

Syndicate behind rice price increase must face actions Published: 00:05, Jun 26,2018

Rice prices recently registered a rise in Dhaka kitchen markets. The high rice prices hit the retail market after Eid-ul-Fitr, as New Age reported on Monday, and prices of all varieties of rice increased by Tk 1-3 a kilogram.

The recent increase defies any market logic as there has been a bumper rice production in the past two seasons and more than 40 lakh tonnes of boro rice have already entered the market. Rice traders tried to justify the increase saying that the reinstatement of 28 per cent import duty on rice in budget proposal would affect their business. The government reinstated the duty to ensure that local growers get fair prices of their harvest. While experts appreciate the attempt to protect local growers, they blame the government for failing to regulate the market as a syndicate has been in control of rice market for some time now. They think that the import duty should have been in place long before as small and medium farmers have sold their rice stock. A large majority of farmers sold their produce at a low price. It is a failure on part of the government that time and again it has allowed the rice market to be under the control of vested quarters.

Vested quarters are reportedly controlling the market of most everyday kitchen items. Amidst increased demand in Ramadan, some traders created an artificial shortage to charge higher. This is what is exactly is happening in the case recent rice price increase. A rice agency proprietor has supported the claim as he he said that rice importers and mill owners increased prices of all varieties of rice by squeezing the supply. Consumers rights advocates suggest that market manipulation has become the norm as the government mechanism to monitor is ill-equipped. They also alleged that, instead of monitoring the market, government officials often serve the interest of the syndicate. The incumbents should immediately form a price commission, as suggested by experts, to set a price range to protect small growers but is within the purchasing power of the public.

While the government must take immediate steps to tackle the situation at hand and control rice prices, it must also take lasting initiatives to resolve the problem of undue influence of unscrupulous syndicated traders and wholesalers. In doing so, it must judiciously investigate market manipulation by vested quarters and take full control of the market. There must be a foolproof mechanism through which market forces can control syndicates. It must also involve the Directorate of National Consumer Rights Protection to protect consumer rights in everyday transactions.

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http://www.newagebd.net/article/44465/syndicate-behind-rice-price-increase-must-face-actions

Nepal, IRRI work toward rice sustainability, security June 25, 2018 - by Holly Demaree-Saddler Share This: Search for similar articles by keyword: [Rice], [Sustainability]

Photo: IRRI KATHMANDU, NEPAL — The International Rice Research Institute (IRRI) and the government of Nepal, through the Ministry of Agriculture, Land Management, and Cooperatives (MoALMC) signed a five-... [read more]

http://www.worldgrain.com/articles/news_home/World_Grain_News/2018/06/Nepal_IRRI_work_toward_rice_su.aspx?I D={BF125379-3258-4980-A4BE-27836F5F2E92}

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MI SCELLANEO US

Is Basmati the way forward?        

BR RESEARCH

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0

The 13 percent YoY increase in exports for 10MFY18 was led in part by food exports, of which rice accounted for 40 percent. Nearly 80 percent of Pakistan’s rice exports are of non-Basmati rice. On average Basmati rice is over a $1,000 per ton as compared to less $500 per ton for non-Basmati rice, as per PBS data. That is a differential of nearly 150

percent which is why the premium-priced Basmati gets the spotlight a lot more than its brethren.

Basmati rice, similar to non-Basmati rice, has different varieties. As per REAP export data, there were mainly 6 different varieties of non-Basmati rice exported in FY15 and 4 different varieties of Basmati rice. The least expensive variety of Basmati – Basmati brown rice – was nearly 40 percent more expensive that the most expensive non-Basmati variety i.e. blended rice.

Globally the Basmati market (including raw, parboiled, and steamed) stood at $10.5 billion in 2017 and is growing at a CAGR of over 10 percent to reach $17.8 billion by 2023. EU, one of Pakistan’s main markets for Basmati rice, is growing at a CAGR of 3.2 percent and is expected to reach $615 million by 2023.

The non-Basmati rice has many exporting countries with players from ASEAN taking the lead. Basmati rice on the other hand is famed from originating from the sub-continent making India Pakistan’s main competitor. Here, Pakistan has an advantage as EU has banned Indian rice for having high level content of a fungicide called Tricyclazole. (Read “India’s loss – Pakistan’s gain”, published on June 6, 2018 for more information). While this

restriction is in place for EU alone at the moment, Jordan earlier, this year, denied permission for off loading containers carrying Indian Basmati for similar reasons.

Thus it is possible that it is a challenge that India will continue to face, especially if other countries jump on this band wagon. Since it will take a minimum of three harvests to bring down Tricyclazole content to permissible level, Pakistan has time to elbow in and increase market share.

It has been said innumerable times that Pakistan’s exports are non-diversified and dependent on resource goods. This is a state of affairs that is not possible to address in the short and medium term. If Pakistan has to depend on agri goods in the foreseeable future, why not ensure that they are at least premium priced such as Basmati rice? https://www.brecorder.com/2018/06/26/424811/is-basmati-the-way-forward/

Rice Leadership Session II: How To on Trade, Equipment, and Media Training

By Emily Woodall

LITTLE ROCK, AR -- During their second session last week, the 2018-20 Rice Leadership Development Class traveled to Illinois, Arkansas, and Mississippi to learn about the rice futures market, communication skills, and rice production in the Mid-South.

The session began with a tour of the Chicago Board of Trade followed by a train ride to Moline, Illinois, where the class toured the John Deere Harvester Works plant, and Deere & Company's World Headquarters.

"Coming from a small family farm it was somewhat surreal to go to the Chicago Board Of Trade and see the actual trading floor where the product I produce is being traded throughout the world," said Zach Worrell, a rice farmer from Hornersville, Missouri. "The visit to John Deere was just as remarkable.

What started out as loose parts at the beginning stations quickly turned into a fully functioning combine.

You could tell everyone employed there took pride in their work and had a goal to deliver equipment to farmers that is as efficient and reliable as possible."

The class then traveled to Arkansas for sessions on public speaking and media communication skills. As practice, each class member gave a short presentation to their peers as well as a recorded media-style interview, and received feedback on how to improve on presentation skills.

After surviving the interviews, the class joined Arkansas industry leadership and Rice Leadership Program alumni at Five Oaks Lodge for dinner. More than 45 fellow rice associates from Arkansas, Louisiana, and Mississippi attended.

The group finished up the week with visits to Producers Rice Mill, Riceland Foods, Inc., and the University of Arkansas Rice Research and Extension Center in Stuttgart, Arkansas, as well as Farmers Grain Terminal, Inc., in Greenville, Mississippi.

"This was my first visit to the Mid-South and it was impressive. The production practices and rotations are much different than what I am used to," said Brian McKenzie, a rice farmer from Plumas Lake, California. "In California, rice is not commonly rotated, it is rice year after year. In Arkansas and Mississippi, if you are a rice grower, then you are most likely a soybean producer as well. Whether the crop is milled and bagged, parboiled, or shipped out mid-stream, the massive processing facilities are gearing up to take on a really good looking rice crop."

Over the course of the week, events were hosted by John Deere, Arkansas members of the Class of 2013, Producers Rice Mill, Riceland Foods, George Dunklin, Farmers Grain Terminal, and Sidney Robnett, a member of the 2016-18 class.

John Deere Company, RiceTec, Inc., and American Commodity Company are sponsors of the Rice Leadership Development Program through a grant to The Rice Foundation, and USA Rice manages the program.

Maroon shirts are Rice Leadership Class members, others are Arkansas Rice Research Center staff. From left: Zach Worrell, Brian McKenzie, Brad Doyle, Bob Scott, Adam Famoso, Scott Savage, Zach Urrutia, Glenn Bathke, Matthew Sligar, Xueyan Sha

What Do Rice and Wheat Have to Do With Chinese Views on Sex?

Caption SourceVCG/Getty Acumen

    

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Why you should care

Because a stark divide in attitudes to premarital sex has strange roots.

By Justin Higginbottom The Daily DoseJUN 26 2018 Rural or urban. Poor or rich. Educated or not. Rock or pop. Researchers are constantly trying to divide China into helpful categories to explain patterns and proclivities.

But when Yang Hu, a sociologist at the University of Essex in England, delved into views on sexual behavior he found a novel divide: People who live in China’s rice-growing provinces are 33 percent more likely to approve of premarital sex than those in wheat-growing areas.

Much has been written about the sexual revolution in China. In surveys from 1989, only 15 percent of respondents said they‘d had sex before marriage. Five years later, that figure was up to 40 percent; by 2012, 71 percent. When researchers put this rapid change in behavior into a national context, it was often framed as an urban-rural split.

And the usual explanations were trotted out: Western influence and/or economic development.

Yet Hu found something unexpected when he looked at the 2010 China General Social Survey of more than 11,000 people across 30 Chinese provinces. Views on premarital sex and homosexuality — both considered ―nontraditional‖ sexual practices — couldn‘t be fully explained by factors such as income or Western influence when controlled for other individual criteria like age. ―The recent changes didn‘t really explain a large portion of variation in sex ideology across China,‖ says Hu. Differences in views seemed to fall more along geographic lines, with the south of China having significantly more liberal views than the north.

But Hu didn‘t think geography itself was the key factor. It was more about how the surveyed communities made a living. The provinces that traditionally harvested rice were more accepting of premarital sex and homosexuality compared with the seemingly more conservative wheat-growing provinces. For example, only 7 percent of respondents in wheat-growing Xinjiang approved of premarital sex, and just 2 percent gave the nod to homosexuality. In rice-growing Guangdong, by contrast, 54 percent of those surveyed were fine with premarital sex, and 24 percent had a live-and-let-live attitude toward homosexuality.

So, what‘s up with crops as predictors of sexual attitudes? As you might expect, some researchers have developed a theory, and it goes like this. Rice harvesting, which requires a larger amount of irrigation than growing wheat, promotes cooperation among workers and increased interdependency. Growing wheat is more manageable with farmers working alone. The need for cooperation in rice-growing regions could lead to a culture of more mutual understanding and tolerance — or at least an awareness of the need to not rock the boat with your neighbors. ―The assumption is that if you have to rely on each other for subsistence, you have to be more tolerant of each other,‖ says Hu.

Thomas Talhelm, a professor of behavioral science at the University of Chicago, has pioneered much of the work around the rice theory. He says its application to explain sexual attitudes makes sense. ―I tend to avoid the word ‗cooperation‘ because that sounds really fun and nice,‖ says Talhelm. ―It isn‘t like being on a basketball team.

It‘s more like ‗my behavior affects other people, so I have to be careful.‘‖ What he noticed anecdotally from his time in China, and later through research, was the conflict avoidance of residents in rice-growing areas. ―You don‘t swing your elbows as much,‖ he says. In fact, in one of Talhelm‘s inventive experiments, he studied whether Chinese Starbucks patrons from different regions were willing to move chairs placed in their paths.

In a way, explains Hu, wheat growers are more individualistic. Not in an ideological sense, but in how they can afford to make enemies by judging the behavior of others — especially if that behavior occurs behind closed doors.

But wait, what about wheat-growing regions of Europe or North America? Shouldn‘t they be more sexually conservative than Asia rather than the other way around? Hu says the rice theory, and the accompanying pressures of subsistence farming, is only one explanation for culture. Other, more powerful factors, including religion, can override economic forces.

Hu says he isn‘t sure how long cultural differences between rice- and wheat-growing regions will last. He‘s hesitant to speak about the topic without data. But he speculates that eventually there might be a convergence in attitudes. For one, access to media and its content are becoming more standardized across the country.

You might call it a monoculture. 

Justin Higginbottom, OZY AuthorContact Justin Higginbottom

https://www.ozy.com/acumen/what-do-rice-and-wheat-have-to-do-with-chinese-views-on-sex/87179

SAU, Chinese academy sign MoU Listen

HYDERABAD: Guangxi Academy of Agricultural Sciences (GXAAS) China and Sindh Agriculture University (SAU) Tandojam signed a memorandum of

understanding (MoU) on Monday for research and development and information sharing in sugarcane, rice, and other food crops, specifically in the deltaic region.

The MoU aims to develop the agriculture sector by encouraging scientists, researchers, faculty members and students from both institutes to cope with the challenges of food security and impacts of climate change on crops in the region.

As per the MoU, experts from GXAAS would setup crop variety technological demonstration plot for germplasm development at SAU sub-campus Umerkot for development of dry land agriculture.

This memorandum sets out the terms and conditions under which GXAAS and SAU will join preparation and submission of international demand driven projects, exchange scientific information through capacity building programmes, and simultaneously initiate talented young scientist programme (TYSP).

SAU Vice Chancellor Prof Dr Mujeeb-u-ddin Sahrai emphasised the importance of strengthening collaboration between China and Pakistan, which would support the knowledge-based economy of the region.

This, he said would ultimately be helpful for the development of the agriculture sector.

The VC said the university and its sub-campus Umerkot would engage the most suitable faculty, including various departments - entomology and biotechnology - to establish Science Technology Park for the development of dry land agriculture in the arid zones of Sindh.

Guangxi Academy of Agricultural Sciences Sugarcane Research Centre Director Yang-Rui Li said the MoU would support the scientists and researchers to conduct collaborative research for rice and sugarcane technology.

This MoU would help in fundamental research in biotechnology, crops variety demonstration and evaluation, germplasm exchange, training programme, scientific

information exchange, reception of postdoctoral candidates from Pakistan, talented youth scientists programme, and split MSc MPhil and PhD programme.

Yang-Rui Li further expressed hope that this initiative would help develop long-term collaboration for joint research programmes for both countries through the ChinaPakistan Economic Corridor programme.

Before signing the MoU, Prof Dr Jan Muhammad Marri, Director, Sindh Agriculture University Sub-Campus Umerkot welcomed the distinguished guests and highlighted the importance of the MoU for research and development.

University Advancement and Financial Assistance Director Prof Dr Muhammad Ismail Kumbhar said the MoU would benefit students in conducting research on genetic engineering, molecular marker technique and in vitro propagation and plant protection (pest and disease management). https://www.thenews.com.pk/print/333789-sau-chinese-academy-sign-mou

Crop Biotechnology Center now underway POSTED ON JUN - 26 - 2018 FacebookFlipboardMore

Department of Agriculture Secretary Manny Piñol had approved the construction of a Crop Biotechnology Center at Philippine Rice Research Institute (PhilRice) in Science City of Muñoz, Nueva Ecija.

To be completed next year, the Center will serve as the hub for implementing effective and efficient agricultural biotechnology research and development agenda.

The P302M-building will house laboratories, theater, and multipurpose hall that can hold 500-800 people.

These advanced facilities will also host biotechnology programs on other priority crops such as corn, coconut, coffee, sugarcane, and banana.

In the Philippines, the Southeast Asian Regional Center for Graduate Study and Research (SEARCA) in Agriculture stated that biotechnology had improved farmers‘ practices and income and the environment. ―The farm level economic benefit of planting biotech maize in the [country from 2003 to 2015] is estimated to have reached US$642 million,‖ as published on its website.

SEARCA, one of the oldest regional centers of the Southeast Asian Ministers of Education Organization, also noted that ―farms planted with Bt maize in the Northern Philippine provinces have significantly higher populations of beneficial insects such as flower bugs, beetles, and spiders than those planted with conventional hybrid maize.‖ In rice research, biotechnology has shortened the breeding of the country‘s staple food from 10-12 to 5-7 years.

Through biotech, PhilRice has produced 14 climate change-ready varieties including El Niño-ready NSIC Rc 272 (Sahod Ulan 2) and NSIC Rc 346 (Sahod Ulan 11).

Golden Rice is also being developed to address vitamin A deficiency, which affects 2.1 million Filipino children. ―I‘m excited for this Crop Biotechnology Center. I‘m sure that this will improve biotechnology research in the Philippines, especially now that food demands are more challenging. I hope it will help our farmers grow additional high yielding crops with resistance to climate change and stress. Through this, lives of Filipinos will be more improved,‖ Julianne Suarez, a research assistant of Central Mindanao University, said.

Public Law-480 program, known as Agricultural Trade Development and Assistance Act, also funded the Center.

http://www.philrice.gov.ph/crop-biotechnology-center-now-underway/

Journalist assaulted, shot at in Uttar Pradesh's Bisalpur

By NL Team | Jun 26, 2018

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Satyendra Gangwar, a journalist, was assaulted and shot at by Aman Jaiswal and his aide on June 24 in Uttar Pradesh's Bisalpur. The Times of India reported that a first information report (FIR) was filed by Gangwar's brother, Jitendra.

Jaiswal had allegedly fired at Satyendra near the railway station, hitting the journalist in the left leg and lower back, Times of India reported.

Jitendra was quoted by Times of India as telling the Pilibhit superintendent of police (SP) Balendu Bhushan Singh, “Jaiswal is a part of the mining mafia, who grabs contracts for the food department’s procurement centres in the district during the Rabi and Kharif seasons every year. He is extremely well-connected politically. In order to appease ministers and MLAs, he extorts money from rice millers."

Jitendra added that his brother, Satyendra, had been reporting on the various illegal activities of Jaiswal. Earlier, on March 22, Jaiswal along with five of his men had assaulted Satyendra with sticks and edged weapons when the journalist had gone to cover a dispute between Jaiswal and another person, the

brother claimed, adding that on that occasion, too, his brother was fired at but Jaiwal missed his mark.

The Times of India report states that the police had filed an FIR against the six accused under Section 307 (attempt to murder) of the Indian Penal Code in that case. "Three of the accused had been arrested; Jaiswal had allegedly been putting pressure on Satyendra to withdraw the FIR," the report states.

Another FIR has been lodged against Jaiswal and an unidentified person under Section 307 of IPC after the Sunday incident, TOI quoted Madho Singh Visht, station house officer of Bisalpur Kotwali police station, as saying.

A 28-member delegation of local media persons met the SP on Monday, June 25, demanding Jaiswal’s immediate arrest. https://www.newslaundry.com/shorts/journalist-assaulted-shot-at-in-uttar-pradesh-bilaspur

Rice-import LCs on zero margin facility scrapped Staff Correspondent | Published: 22:19, Jun 26,2018

Bangladesh Bank on Tuesday asked all commercial banks not to open any letter of credit on zero margin for import of rice.

The margin will be decided based on banker-client relationship and risk of the loan for import of rice, the central bank said in a circular.

Banking regulation and policy department of the central bank issued the circular which also said that

effectiveness of its previous two circulars issued on June 19 and June 21 in last year providing zero margin facility on import of rice expired on December 31.

The BB at that time had instructed the banks to open LCs without margin or taking any advance payment from the importers against the LCs to expedite rice import and contain the prices of the essential product on the local market following an abrupt rise in the rice prices.

The decision had been taken as the supply of rice faced a shortfall as flash floods in the haor areas caused a significant loss to rice production.

At that time, the BB had also restricted the tenure of payment or adjustment of current credit or overdraft facility (pledge and hypothecation) to 30 days from 45 days for the mill owners and rice traders.

In the latest circular to all managing directors and chief executive officers of banks, the BB said that rice production in the current year was satisfactory due to convenient weather.

The government has also taken various steps to ensure fair price of rice for local farmers and producers as well as to encourage them to cultivate rice.

The government is also working to ensure food security by raising the food-stock level to the expected level.

In this situation, banks are advised to determine the rate of margin in opening LCs for rice import considering the risk of loans for the purpose. ‗LCs should not be opened, at anyway, on zero margin,‘ the circular said.

Rice millers and traders must have to adjust the current credit/ overdraft (pledge and hypothecation) with the banks within 45 days.

The mill owners and rice traders have to adjust or pay the current credit with the banks within 30 days, the circular added. Usually, banks open LCs for all imported items with keeping margin at various rates up to 100 per cent of credit based on bank-customer relationship. http://www.newagebd.net/article/44558/rice-import-lcs-on-zero-margin-facility-scrapped

Global Rice Transplanter Machine Market 2021 Analysis, Forecast, Overview, Growth Impact and Demand by Regions By Stefan Mariah Pelayo -

June 26, 2018 12

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There is a positive growth in ldquo;Rice Transplanter Machine Marketrdquo; in last five years and also continued for the forecasted period of 2017 to 2021. Rice Transplanter Machine industry report analyzes the overview of the global market with respect to major regions and segmented by types and applications.

Rice Transplanter Machine Market covers top manufacturers, product scope, market overview, market opportunities, market risk, market driving force, technological advancement, distributors, traders, dealers, research findings.

The Rice Transplanter Machine Market is anticipated to increase at a significant CAGR of 9.35% during the years 2017-2021.

Ask for Sample PDF of the report at https://www.absolutereports.com/enquiry/request-sample/11340842 Some top manufacturers in Rice Transplanter Machine MarketJohnson Johnson Services, Medtronic, Baxter, Changzhou Ankang Medical Instruments, Dextera Surgical, Grena, MID, Silex Medical.

Rice Transplanter Machine Market Segment by Regions

North America(UnitedStates, CanadaandMexico) Europe(Germany, France, UK, Russia and Italy) Asia-Pacific(China, Japan, Korea, India and Southeast Asia) South America(Brazil, Argentina, Colombia) MiddleEast and Africa(Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Market Driver Shift toward mechanization For a full, detailed list, view our report Market Challenge Lack of finances for small farmers to replace old machinery For a full, detailed list, view our report Market Trend Product innovation For a full, detailed list, view our report Read full market research report at https://www.absolutereports.com/globalrice-transplanter-machine-market-2017-2021-11340842 This report investigates new project feasibility with a purpose of enlightening new entrants about the possibilities in this market. In this report, a thorough SWOT analysis investment analysis is provided which forecasts imminent opportunities for the Rice Transplanter Machine market players.

What Rice Transplanter Machine Industry Research Offers: 

Rice Transplanter Machine market gives assessments for the regional and country level segments

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Global Rice Transplanter Machine industry provides analysis of the top vendors

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Rice Transplanter Machine market forecasts for a minimum of 4 years of all the mentioned segments

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Supply chain trends mapping the latest technological advancements

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Global Rice Transplanter Machine industry shares drivers, constraints, opportunities, threats, challenges, investment opportunities

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Strategic for the new entrants in Rice Transplanter Machine market

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Competitive landscaping mapping the key common trends

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Company profiling with detailed strategies, financials, and recent developments

Price of Report: $3500 (Single User License) Purchase Report at https://www.absolutereports.com/purchase/11340842

http://www.thedailyjournal.co/global-rice-transplanter-machine-market-2021-analysis-forecastoverview-growth-impact-and-demand-by-regions/

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ome Power Corridors Soiree Throwback Sci-Tech Media-Logs Commentary Box More

New Trends In Men‘s Health And Beauty In Pakistan

By Arsal Kamran On Jun 26, 2018 636 1

In the past, men thought of shaving or getting a haircut as nothing more than a routine. They wanted it as quickly as possible and used to give less attention to its details. They used to believe that health and beauty care is for women only. Today, that perception has changed up to some extent. Men are spending money to get better skin and hair to look more presentable. As demand is directly proportional to the supply, we saw a noticeable growth in men‘s hair and skincare products.

Men’s Skin Care Trends

Men never cared how sunrays were damaging their skin. Some of them still don‘t. For them, the rough and tough look is more masculine. A man with rough and dark skin is considered more man type. That‘s a wrong perception.

Men usually have oily skin which makes it more open to acne, pimples and other skin problems. Men equally need to take care of their skin and themselves as a whole as in our patriarchal society, most of the duties are on their shoulders. As the time is changing, with the changing trends men are also learning to take care of their skin and health overall.

Many brands have now introduced only-for-men skin and hair care products which are attracting a considerable population of men proving that the time is changing.

Men’s Hair Care Trends Not too long ago, men considered short hair as normal and standard hairstyle for their gender. They never wanted to change their hair and didn‘t even care about them. Even some of the people, I know, just used to wash their hair with soap as the shampoo was a female thing for them. also, There were not many proper hair salons for men . Even in Islamabad, there was only ‗Zash‘ hair salon which was open for both men and women as there were less male customers. It was very hard to find only for men‘s salon around there. But now, the situation is very different – thanks to the internet and the new media technologies. People are now more aware of the latest trends, latest news, their rights and what not?

Men, these days, are now totally aware of what haircut would suit them. What haircut should they have for different ocassions, what color they should dye their hair with and the list goes on….

Some of the men also go for waxing and laser process. Salons for men are providing every facility these days.

The products for men‘s hair are also increasing on the departmental shelves and being sold. It‘s all about trends and fads. It‘s about being different and presentable at the same time and everyone has the right to look beautiful. http://blogs.dunyanews.tv/22163/

Global Basmati Rice Market 2018 : Industry Outlook and Trend Analysis

Frank Beck June 26, 2018 0 3 3 minutes read

This statistical surveying analysis report on the Global Basmati Rice Market 2018 to 2023 is a complete study of the industry sectors, up-to-date outlines, business development, drivers, and restraints. It provides market predictions for the upcoming years. It contains an analysis recently developments in modernization, Porter’s five forces analysis and progressive aspects of elected business rivals. The Basmati Rice report, what is more, articulates a study of small and full-scale factors indicated for the new and established competitors within the market beside an authorized worth chain investigation.

This report presents a 360-Degree Overview of the competitive state of affairs of the Basmati Rice Industry. The report additional comes to the size and valuation of the Worldwide market within the coming back forecast period. The Basmati Rice report also presents an intensive quantitative and qualitative knowledge leading the projected result of those factors on market’s future growth possibilities.

FREE PDF Report Click Here: https://marketdesk.org/report/global-basmati-rice-market2018-hc/8112/#requestForSample Top Key Vendors In Basmati Rice Market: 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 This analysis study presents a comprehensive analysis of the worldwide Basmati Rice market, taking varied industry parameters, appreciate the capability of production, product valuation, demand, supply, and sales dynamics, returns on investments, and also the rate of the general market into thought.

According to the analysis report, the worldwide Basmati Rice Industry is witnessing a continuous rise in its valuation with the advancement in technologies, that is impacting the buyer behavior and, consequently, their getting patterns to a reasonable extent. The current increasing perception of the internet and also the surge in mobile surf riding are expected to spice up the demand across the globe, states the analysis report.

The Worldwide Basmati Rice market research report offers a comprehensive analysis of the market. It will go so via in-depth qualitative insights, historical information, and verifiable projections concerning market size. The predictions featured in the report are derived using evidenced analysis methodologies and assumptions. By doing this, the investigation of Basmati Rice report is a repository of analysis and data for a specific side of the market, together with however not restricted to regional markets advancement, types, and applications.

Segment Analysis By Type : Indian Basmati Rice Pakistani Basmati Rice Kenya Basmati Rice Other Segment Analysis By Applications : Direct Edible Deep Processing Regional Analysis Include Regions:

Europe (Germany, France, Russia, UK, and Italy) South America (Argentina and Brazil) North America (Canada, Mexico, and the USA) The Middle East and Africa (South Africa, Saudi Arabia, Egypt, and Nigeria) Asia-Pacific (China, South Korea, Thailand, India, Vietnam, Malaysia, Indonesia, Southeast Asia, and Japan) Have Any Query? Enquire Here For More: @ https://marketdesk.org/report/globalbasmati-rice-market-2018-hc/8112/#inquiry The analysis report additionally presents an intensive assessment of the competitive landscape of the comprehensive Basmati Rice marketing research report 2018 by reviewing the corporate profiles of the leading players performing in this market. The Basmati Rice market hierarchy has also been known during this study by analyzing this development and prospects of those players.

By geological regions, the Worldwide Basmati Rice Industry is commonly segmented into a geological area, Europe, the Middle East and Africa, and the Asia Pacific. The Worldwide market remains in its explorative stage in most of the regions however it holds the promising potential to flourish steady in coming back years. The major corporation’s finance in Basmati Rice market are settled in Canada, U.K, The US, India, China and some more countries of Asia Pacific area. Consequently, Asia Pacific, North America, and Western Europe are calculable to carry over half of the market shares, put together in coming back years.

Moving additional, the leading competitors of the worldwide Basmati Rice market are given during this study report. The trends and affordable status of the market during this period have conjointly been studied below this section of the report. The competitive state of affairs section of the Basmati Rice report conjointly conceals the solutions, merchandises, facilities, business summary, recent expansions, and company profiles of the most performers operational within the market.

Table Of Content Including Various Sections: 1. Industry Summary of Basmati Rice Market 2. Global Market Size by Type and Application (2018-2023) 3. Company Manufacturers Profiles 4. Global Basmati Rice Market Competition Analysis by Players 5. The United States Basmati Rice Development Status and Outlook 6. EU Basmati Rice Market Development Status and Outlook 7. Japan Basmati Rice Market Development Status and Outlook 8. China Basmati Rice Market Development Status and Outlook 9. India Basmati Rice Market Development Status and Outlook 10. Southeast Asia Basmati Rice Market Development Status and Outlook 11. Basmati Rice Market Forecast by Regions, Applications, and Types (2018-2023) 12. Basmati Rice Market Dynamics 13. Basmati Rice Market Factors Analysis 14. Research Conclusions 15. Appendix Summary Of TOC Visit Here @ https://marketdesk.org/report/global-basmati-rice-market2018-hc/8112/#toc

Get In Touch With Us: 420 Lexington Avenue Suite 300 New York City, NY 10170, United States USA/Canada Tel No: +1-857-2390696 Email: inquiry@market.biz Website: http://marketdesk.org https://financialreporting24.com/global-basmati-rice-market-2018-industry-outlook-and-trend-analysis/

http://www.ghananewsagency.org/economics/ghana-imports-over-us1-162-billion-worth-of-riceannually-minister-134724 Tuesday 26th June, 2018

Ghana imports over US1, 162 billion worth of rice annually - Minister

By Yaw Ansah/Julius K. Satsi, GNA Accra, June 26, GNA - Dr Owusu Afriyie-Akoto, Minister of Food and Agriculture has disclosed that Ghana spends almost over a billion dollars to import rice into the country annually since 2015. “This is an understatement because these figures are only coming from official sources in Tema and Takoradi. There are other routes where rice is smuggled into that country and figures from these places are unknown.

It is really scary that we have fertile lands in Central, Ashanti, Volta, Greater Accra and Eastern Region and in the Northern parts of Ghana to grow rice and even feed the whole West Africa but we are importing rice to that tune,” he said.

Describing the situation as a disaster and worrying, Mr Afriyie-Akoto said statistics available indicated that from the year 2007 to 2015, the importation of rice, a leading import commodity in the country, rose from about 151 to 1,162 million dollars.

The sector Minister, who disclosed this at the meet-the-press series, explained that government had put in place a number of measures to cause a permanent change in the structure of the sector by halting the importation of basic commodities, especially rice, and increase export.

He highlighted government’s interventions, which include, horticulture development, perennial crop development, irrigation development, agriculture mechanization promotion, agriculture financing and private sector investments.

Dr Afriyie-Akoto stated that government, under the Planting for Food and Jobs, was supporting farmers with certified seeds, marketing services, e-agriculture, fertilizer and extension services to boost crop production in the country, the lowest in the sub-region.

The Minister explained that one of the challenges in the sector was the lack of effective extension services, and as a result, a total of 2,700 personal would be employed this year to help educate farmers on improving farming technologies.

He said as at 2016, the ratio of extension services was one officer to 2,500 farmers and out of that number, 80 per cent were almost due to retire from active service.

The Minster said the government had commenced efforts to re-build the extension service from the scratch by employing about 2,700 agriculture graduates to boost technology delivery.

To facilitate their movement, Dr Afriyie-Akoto hinted that government had procured 3,000 motorbikes to be distributed to extension officers to reach out to farmers in the hinterlands. ”Already, with the support of the government of Canada a total of 216 Nissan pick-ups and protective clothing’s had been handed over to Agric offices.

The Minister said to reduce post-harvest losses and ensure a smooth marketing of produce, the various warehouses that were infested with rats and cobwebs had been cleaned and put to good use.

He said the MoFA and the Ministry of Special Development Initiatives had budgeted to build 80 warehouses with storage capacities of 1,000 metric tonnes this year, as well as rehabilitate grains storages in the country with capacities of 94,000 metric tons.

Dr Afriyie-Akoto said, in collaboration with the Ministry of Roads, the MoFA was going to prioritise the rehabilitation of feeder roads in all major food production centres to facilitate the movement of produce to various centres.

The Minister said the MoFA was working in cooperation with the Ministry of Education to supply the caterers of the School Feeding Programme with produce from the buffer stock.

He reiterated that governments of Ghana and Israel have signed a memorandum of understanding (MoU) for 50 Ghanaian agricultural graduates to undergo an 11-month practical attachment on farms in Israel.

While in Israel, he said the graduates will be attached to cooperative farms called Kibbutz, where they will work on the field for five days and one day in the classroom.

GNA

YOU ARE HERE: Home → 2018 → June → 26 → ‗Golden rice is Dengvaxia in agriculture‘ – advocates, farmers

‘Golden rice is Dengvaxia in agriculture’ – advocates, farmers Ronalyn V. Olea June 26, 2018 0 Comment golden rice, Stop Golden Rice network

Traditional rice varieties are rich in nutrients. (Photo by R. Olea/Bulatlat) ―Instead of promoting golden rice, the government must conduct researches on the nutritional values of indigenous vegetables and fruits.‖

By RONALYN V. OLEA Bulatlat.com MANILA — In a forum, June 24 at Mandala Park, Mandaluyong, farmers and advocates of organic farming called on the public to support their campaign against the field testing of golden rice in the Philippines.

Pending before the Department of Agriculture‘s Bureau of Plant Industry is the application for field testing of genetically-modified golden rice. The Philippine Rice Research Institute (PhilRice) and the International Rice Research Institute (IRRI) claim that the golden rice is the solution to Vitamin A deficiency. Golden rice is genetically modified rice with a gene from the maize plant and a soil bacterium (Erwinia uredovora) ,which forces the rice plant to artificially express beta-carotene.

Cris Panerio, national coordinator of Masipag, sees a problem with the proponents‘ claims. He said there have been no independent and evidence-based research on the effects of golden rice on health and its impacts on the environment.

Panerio fears that the golden rice ―might be the Dengvaxia in agriculture.‖ ―As a genetically-modified crop, it has the ability to reproduce and might contaminate traditional varieties of rice. The impacts would be irreversible,‖ Panerio told Bulatlat in an interview.

Dengvaxia is the dengue vaccine that became a controversy after the drug company Sanofi admitted that it might lead to severe dengue infection for those who have not been previously infected by dengue virus. Hundreds of Filipino public students were vaccinated by Dengvaxia even as the Department of Health did not complete its safety testing.

Panerio explained that the proponents‘ argument of ―substantial equivalence‖ does not hold water. ―Golden rice is not substantially equivalent to the rice we eat. We have not eaten rice with a gene of a bacteria and gene of a corn.

This is why we‘ve been asserting precautionary principle on golden rice,‖ he said.

The Masipag national coordinator said golden rice should be subjected to scientific studies such as proteonomics and metabolonomics to determine its impacts on the human health.

Quijano said infectious viral pesticides used in GMO crops introduce new chemicals that can lead to allergies and new infectious diseases. ―The disruption of gene ecology leads to new toxic substances that can cause various diseases including cancer,‖ he said.

Like the Dengvaxia fiasco, Panerio fears that it would be difficult to demand accountability once damage has been done. ―Under our law, proponents of golden rice would have no legal liability,‖ he said.

Farmers who would lose their livelihood due to contamination of GMO crop might not file for damages, Panerio said.

Alternatives Masipag, Pesticide Action Network Philippines (PANAP) and Stop Golden Rice Network showcased different traditional varieties of rice, which they said are better alternatives to golden rice.

Virgie Nazareno, a farmer from Quezon province, called on the public to patronize products of organic farmers.

Nazareno said there are alternatives to commercial and harmful pesticides and fertilizers.

Rowena Buena of Masipag lamented the government‘s importation of rice. ―The government should instead support local farmers to achieve food security.‖

Nona Andaya-Castillo of the Nurturers of the Earth promotes indigenous vegetables rich in Vitamin A. (Photo by R. Olea/Bulatlat) Meanwhile, Nona Andaya-Castillo of the Nurturers of the Earth and Tibak na Vegan also shared a recipe for fortified lugaw using indigenous vegetables rich in Vitamin A. ―Instead of promoting golden rice, the government must conduct researches on the nutritional values of indigenous vegetables and fruits,‖ Castillo said.

http://bulatlat.com/main/2018/06/26/golden-rice-dengvaxia-agriculture-advocates-farmers/

World's smallest 'computer' makes a grain of rice look huge

The University of Michigan presents the 'world's smallest computer.' (© Courtesy of Universtity of Michigan)

70

70

Relaxnews Published Tuesday, June 26, 2018 8:01AM EDT

Researchers at the University of Michigan in the U.S. have developed the "world's smallest computer." With sides measuring just 0.3 mm, the device is dwarfed by a grain of rice.

Although the jury's still out on whether it can technically be defined as a "computer," this tiny device features a processor, RAM and wireless transmitters and receivers.

 

It receives and transmits data with visible light. A base station provides light for power and programming, and it receives the data. The research was carried out in partnership with Fujitsu.

RELATED STORIES IBM says it'sfor reached milestone in quantum computing In new leap AI: computer chips that can smell

RELATED LINKS

University of Michigan press release

For the time being, the only practical application of this light-powered 0.04mm3 wireless and batteryless sensor system is as a precision temperature sensor.

The device is capable of reporting temperatures in minuscule regions -- such as a cluster of cells -- with an error of about 0.1°C. It could, therefore, find use as a precision measurement

tool in the medical field, with applications in oncology, for example, for measuring temperatures in tumors.

The news comes after IBM unveiled a 1x1mm "computer," smaller than a of grain of rock salt, in March 2018. This fully autonomous device essentially comprises of hundreds of thousands of transistors and some RAM, and, like its tiny rival, is powered by a photovoltaic cell.

IBM's device is billed for use as a kind of trust anchor, attached to or embedded in a product as a mark of its authenticity or for traceability purposes, in a bid to help stamp out counterfeits, for example. https://www.ctvnews.ca/sci-tech/world-s-smallest-computer-makes-a-grain-of-rice-look-huge1.3988985S https://www.thisdaylive.com/index.php/2018/06/27/navy-hands-over-5-smugglers-seizes-444-bags-ofrice-to-customs/

Littleton Middle School Students Showcase World Research at Country Expo Previous HIDE CAPTION Elyse Barry explains the geography, animal life and food of Antigua and Barbuda on June 7 at the Country Expo. [Courtesy Photo] HIDE CAPTION Kallie Ramistella, left, and Norah Kobaly stand in front of their projects on Oman and Nepal at Littleton Middle School‘s Country Expo held June 7 in the school gym.. [Courtesy Photo] HIDE CAPTION Tyler Castillo presents his research on the Maldives on June 7 at the Country Expo. [Courtesy Photo] HIDE CAPTION Elyse Barry explains the geography, animal life and food of Antigua and Barbuda on June 7 at the Country Expo. [Courtesy Photo] HIDE CAPTION

Kallie Ramistella, left, and Norah Kobaly stand in front of their projects on Oman and Nepal at Littleton Middle School‘s Country Expo held June 7 in the school gym.. [Courtesy Photo] HIDE CAPTION Tyler Castillo presents his research on the Maldives on June 7 at the Country Expo. [Courtesy Photo] HIDE CAPTION Elyse Barry explains the geography, animal life and food of Antigua and Barbuda on June 7 at the Country Expo. [Courtesy Photo]

Next Posted Jun 26, 2018 at 2:41 PMUpdated Jun 26, 2018 at 2:41 PM

Sixth-grade students at Littleton Middle School displayed projects they had been working on since March at the school’s Country Expo held June 7 in the school gym.

The Country Expo helped students to build their understanding of different parts of the world. The event is the culmination of an interdisciplinary project that incorporates components of social studies, science, math and English/language arts.

Students shared their research they did into the geography, culture, politics, current events and other facts of the country they studied.

Presentations also included food samples from the more than 100 countries that were represented.

The multicultural menu included foods like guacamole, fried rice, poi, tres leches cake, milk fudge and Iranian chicken and rice.

The projects and expo helped students explore the research process, the design process for their poster boards and sharpened their public speaking and presentation skills http://littleton.wickedlocal.com/news/20180626/stronglittleton-middle-school-students-showcaseworld-research-at-country-expostrong

Global Rice Husk Ash Market 2018 Top Players: Yihai Kerry Investments, Usher Agro, Guru Metachem, Agrilectric Power Company alton 2 days ago Business Leave a comment 36 Views

Yihai Kerry Investments, Usher Agro, Guru Metachem, Agrilectric Power Company, Rescon (India), Deelert Group, Jasoriya Rice Mill, Astrra Chemicals, Agrasen Rice Mill, J.M. Biotech, Gelex Agro Industrial, Kothari Bio Fuels, Gia Gia Nguyen, KRBL Ltd., Viet Delta, Shreenidhi Bio Agric Extracts and more ….. Deep Analysis of the Major Market Players included in the Worldwide Rice Husk Ash market research report.

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http://brooksinbeta.com/20153/global-rice-husk-ash-market-2018-top-players-yihai-kerry-investmentsusher-agro-guru-metachem-agrilectric-power-company/

Rice Prices as on : 26-06-2018 12:05:41 PM Arrivals in tonnes;prices in Rs/quintal in domestic market.

Arrivals Current

Price % change

Season cumulative

Modal

Prev.

Modal

Prev.Yr %change

Rice Bahraich(UP)

92.50

-2.12

6122.70

2275

2270

2.02

Hapur(UP)

60.00

50

1825.00

2700

2700

18.42

Cachar(ASM)

40.00

NC

2200.00

2400

2400

9.09

Naanpara(UP)

32.00

52.38

1315.80

2240

2225

1.13

Gajol(WB)

31.50

-11.02

1398.00

3550

3550

22.41

Gazipur(UP)

30.00

-11.76

944.00

2290

2285

7.76

Naugarh(UP)

29.40

-3.61

308.90

2010

2085

-3.13

Lakhimpur(UP)

20.00

-13.04

1590.00

2310

2310

6.94

Giridih(Jha)

18.37

48.87

445.39

3500

3500

NC

Atarra(UP)

12.00

NC

251.00

2300

2200

15.00

7.00

-50

84.50

2110

2140

0.48

Shahganj(UP)

Mirzapur(UP)

6.50

8.33

590.00

2240

2245

-

Khurja(UP)

6.00

-25

677.50

2575

2580

-

Dibrugarh(ASM)

4.00

-42.86

466.80

2920

2920

29.78

Bonai(Bonai)(Ori)

2.00

-33.33

315.40

2800

3000

12.00

Tundla(UP)

1.50

25

115.70

2530

2530

-

Jagnair(UP)

0.80

33.33

60.20

2550

2560

0.39

Khairagarh(UP)

0.80

-27.27

84.80

2560

2560

1.59

Published on June 26, 2018 https://www.thehindubusinessline.com/economy/agri-business/rice-prices/article24260461.ece

JUNE 26, 2018 / 1:12 PM / 2 DAYS AGO

Nagpur Foodgrain Prices Open- JUN 26, 2018 Reuters Staff 6 MIN READ

  Nagpur Foodgrain Prices – APMC/Open Market-June 26, 2018 Nagpur, June 26 (Reuters) – Gram and tuar prices declined in Nagpur Agriculture Produce Marketing Committee (APMC) on poor buying support from local millers. Easy condition on NCDEX in gram, downward trend in Madhya Pradesh pulses and high moisture content arrival also pulled down prices.

About 900 bags of gram and 200 bags of tuar reported for auction in Nagpur APMC, according to sources.

FOODGRAINS & PULSES GRAM * Desi gram raw declined further in open market here on lack of demand from local traders.

TUAR * Tuar reported down in open market here in absence of buyers. * Batri dal and Lakhodi dal quoted weak in open market on poor demand from local traders amid increased arrival supply from producing regions. * In Akola, Tuar New – 3,700-3,850, Tuar dal (clean) – 5,500-5,800, Udid Mogar (clean) – 6,900-7,900, Moong Mogar (clean) 7,200-7,900, Gram – 3,300-3,450, Gram Super best – 4,300-4,700 * Wheat, rice and other foodgrain items moved in a narrow range in scattered deals and settled at last levels in thin 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

3,000-3,175

3,000-3,265

n.a.

3,100-3,680

Gram Dal Medium

3,900-4,200

n.a.

4,300-4,500

n.a.

2,600-2,800 1,700-1,800

Gram Super Best Bold Gram Medium Best

3,100-3,750

n.a.

Wheat Mill quality Auction Gram Super Best

2,100-2,600

4,500-5,000 n.a.

n.a.

4,600-4,800 n.a.

Gram Mill Quality

3,350-3,400

Desi gram Raw

3,300-3,375

1,700-1,800 4,500-5,000 4,600-4,800

n.a 3,350-3,400 3,400-3,500

Gram Kabuli

8,000-10,000

Tuar Fataka Best-New

8,000-10,000

5,800-6,000

5,800-6,000

Tuar Fataka Medium-New

5,600-5,700

5,600-5,700

Tuar Dal Best Phod-New

5,400-5,600

5,400-5,600

Tuar Dal Medium phod-New

5,100-5,300

Tuar Gavarani New

5,100-5,300

3,800-3,900

3,850-4,000

Tuar Karnataka

4,250-4,450

4,250-4,450

Masoor dal best

4,800-5,000

4,800-5,000

Masoor dal medium Masoor

4,500-4,700 n.a.

Moong Mogar bold (New)

7,500-8,000

Moong Mogar Medium

6,500-7,200

Moong dal Chilka New

7,500-8,000 6,500-7,200

5,800-7,000

Moong Mill quality Moong Chamki best

4,500-4,700 n.a.

n.a.

5,800-7,000 n.a.

7,500-8,500

7,500-8,500

Udid Mogar best (100 INR/KG) (New) 7,400-8,300

7,400-8,300

Udid Mogar Medium (100 INR/KG)

5,500-6,300

5,500-6,300

Udid Dal Black (100 INR/KG) Batri dal (100 INR/KG)

5,600-5,900 4,800-5,000

Lakhodi dal (100 INR/kg)

5,000-5,100

2,600-2,700

Watana Dal (100 INR/KG)

2,650-2,750

3,900-4,000

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

5,300-5,600

2,000-2,100

Wheat Mill quality (100 INR/KG)

3,900-4,000 5,300-5,600 2,000-2,100

2,000-2,075

Wheat Filter (100 INR/KG)

2,250-2,400

Wheat Lokwan best (100 INR/KG)

2,300-2,450

Wheat Lokwan medium (100 INR/KG)

2,000-2,075 2,250-2,400 2,300-2,450

2,100-2,200

Lokwan Hath Binar (100 INR/KG)

n.a.

MP Sharbati Best (100 INR/KG)

3,200-4,000

MP Sharbati Medium (100 INR/KG)

2,400-2,800

Rice Parmal (100 INR/KG)

2,100-2,200

Rice BPT best (100 INR/KG) Rice BPT medium (100 INR/KG) Rice Luchai (100 INR/KG) Rice Swarna best (100 INR/KG) Rice Swarna medium (100 INR/KG) Rice HMT best (100 INR/KG) Rice HMT medium (100 INR/KG) Rice Shriram best(100 INR/KG) Rice Shriram med (100 INR/KG) Rice Basmati best (100 INR/KG) Rice Basmati Medium (100 INR/KG) Rice Chinnor best 100 INR/KG)

5,600-5,900

3,200-3,800 2,700-2,900 2,800-3,000 2,700-2,800 2,500-2,600 4,000-4,500 3,600-4,000 5,200-5,600 4,500-4,900 9,500-14,000 5,000-7,500 6,500-6,900

2,100-2,250 n.a.

3,200-4,000 2,400-2,800 2,100-2,200 3,200-3,800 2,700-2,900 2,800-3,000 2,700-2,800 2,500-2,600 4,000-4,500 3,600-4,000 5,200-5,600 4,500-4,900 9,500-14,000 5,000-7,500 6,500-6,900

Rice Chinnor medium (100 INR/KG) Jowar Gavarani (100 INR/KG) Jowar CH-5 (100 INR/KG)

6,000-6,200

6,000-6,200

2,000-2,200 1,800-2,000

2,000-2,100 1,700-2,000

WEATHER (NAGPUR) Maximum temp. 35.7 degree Celsius, minimum temp. 25.4 degree Celsius Rainfall : Nil FORECAST: Generally cloudy sky with chances of light rains. Maximum and minimum temperature would be around and 36 and 25 degree Celsius respectively.

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

https://in.reuters.com/article/china-india/chinese-general-to-visit-india-as-re-set-in-ties-gathers-paceidINKBN1JO1CR

Is Basmati the way forward?

The 13 percent YoY increase in exports for 10MFY18 was led in part by food exports, of which rice accounted for 40 percent. Nearly 80 percent of Pakistan’s rice exports are of non-Basmati rice. On average Basmati rice is over a $1,000 per ton as compared to less $500 per ton for non-Basmati rice, as per PBS data. That is a differential of nearly 150 percent which is why the premium-priced Basmati gets the spotlight a lot more than

its brethren.

Basmati rice, similar to non-Basmati rice, has different varieties. As

per REAP export data, there were mainly 6 different varieties of non-Basmati rice exported in FY15 and 4 different varieties of Basmati rice. The least expensive variety of Basmati – Basmati brown rice – was nearly 40 percent more expensive that the most expensive non-Basmati variety i.e. blended rice. Globally the Basmati market (including raw, parboiled, and steamed) stood at $10.5 billion in 2017 and is growing at a CAGR of over 10 percent to reach $17.8 billion by 2023. EU, one of Pakistan’s main markets for Basmati rice, is growing at a CAGR of 3.2 percent and is expected to reach $615 million by 2023. The non-Basmati rice has many exporting countries with players from ASEAN taking the lead. Basmati rice on the other hand is famed from originating from the sub-continent making India Pakistan’s main competitor. Here, Pakistan has an advantage as EU has banned Indian rice for having high level content of a fungicide called Tricyclazole. (Read

“India’s loss – Pakistan’s gain”, published on June 6, 2018 for more information). While this restriction is in place for EU alone at the moment, Jordan earlier, this year, denied permission for off loading containers carrying Indian Basmati for similar reasons. Thus it is possible that it is a challenge that India will continue to face, especially if other countries jump on this band wagon. Since it will take a minimum of three harvests to bring down Tricyclazole content to permissible level, Pakistan has time to elbow in and increase market share. It has been said innumerable times that Pakistan’s exports are non-diversified and dependent on resource goods. This is a state of affairs that is not possible to address in the short and medium term. If Pakistan has to depend on agri goods in the foreseeable future, why not ensure that they are at least premium priced such as Basmati rice?

Author Name: https://www.brecorder.com/2018/06/26/424811/is-basmati-the-way-forward/ Date: 26-Jun-2018

Private traders to import 780,000 MT of rice under MAV

By Madelaine B. Miraflor Private traders are set to import 780,000 metric tons (MT) of rice under the Minimum Access Volume (MAV) program. The National Food Authority (NFA) conducted on Monday night the auction for 2017 to 2018 MAV rice importation program in compliance with Philippines’ commitment to the World Trade Organization (WTO). Under this scheme, the country has to fulfill the importation of 805,200 MT of rice as we gave up the WTO-backed import quota for the staple. NFA Grains and Marketing Chief Rocky Valdez said yesterday that of the total volume, only 19,000 MT, or those that are supposed to come from El Salvador and Australia, were not allocated. To be specific, 348 private corporations, cooperatives, and Farmers Organizations (FO) participated in the bidding. Valdez said that of these, only 15 to 20 percent will be awarded with supply contracts. Under the importation guidelines, rice traders are allowed to source from countries with a specific quota (CSQ) or from other rice-producing countries (omnibus origin). For the volume per origin, Thailand and Vietnam again have the highest maximum volume set for countries with specific quota at 293,100 MT each. China, India, and Pakistan were given 50,000 MT limit each, followed by Australia with 15,000 MT, and El Salvador with 4,000 MT. Rice imports from omnibus origin was limited to 50,000 MT. The rice importation was limited to local importers composed of corporations, partnerships, sole proprietorship, joint ventures or farmers’ organizations. Each company has a volume limit of 50,000 MT for non-FO while a single FO can only import up to 5,000 MT. Allocations for Luzon, Visayas, and Mindanao are also proportioned based on the 2018 national daily consumption requirements. Of the total rice imports, 467,000 MT will be for Luzon (58 percent), 153,000 MT for Visayas (19 percent), and 185,000 MT for Mindanao (23 percent). NFA Administrator Jason Aquino said that the schedule of arrival of the rice imports will be during the lean months so as not to affect the buying price of local palay prices among local traders.

The arrival of the rice imports is divided in two phases. “First phase will start arriving in July until August 31,

2018, while the second phase will start on December 20, 2018 until February 28, 2019,� Aquino said. Last year, 805,200 MT of rice was also approved for importation under MAV but only 746,962 MT were allocated.

Arrival of rice import scheduled for the Phase II of 2017 MAV is still ongoing until August 30, 2018 with 200,673 MT still expected to arrive. Tariffs collected from MAV importation will go to Agricultural Competitiveness Enhancement Fund, which is allocated to the agriculture sector. The MAV importation is on top of the importation of 500,000 MT of rice through a government-to-government and government-toprivate bidding that just recently took place.

Author Name: https://business.mb.com.ph/2018/06/26/private-traders-to-import-780000-mt-of-rice-undermav/ Date: 26-Jun-2018

Rice worth $1.8b exported in 11 months

ISLAMABAD - The rice exports from the country during 11 months of current financial year registered 29.15 percent growth as compared the exports of corresponding period of last year as about 3.842 million metric tons of rice worth $1.889 billion exported.

The exports of above mentioned commodity was recorded at 3.889 million metric tons valuing $1.463 billion during same period of last year, according the data of Pakistan Bureau of Statistics. During the period from July-May, 2017-18, 461,472 metric tons of basmati rice worth $478.853 million were exported as against the exports of 406,824 metric tons worth $385.746 of same period last year. In last 11 months of financial year 2017-18, basmati rice exports grew by 24.14 percent as compared the exports of the corresponding period of last year, the data further added. Meanwhile, country earned US$ 1.411 billion by exporting about 3.380 million metric tons of rice other then basmati rice during the period under review as compared the exports of

2.860 million metric tons valuing $1.077 billion of same period last year, it added. It may be recalled that food group exports during last 11 months of current financial year witnessed about 30.80 percent growth as different food commodities including rice, fish, fish products, meat, meat preparations, fruits, vegetables pulses and others worth $4.479 billion exported. The exports of food commodities during the same period of last financial year was recorded at $3.425 billion, the data reveled. On the other hand, rice exports on month on month basis also witnessed tremendous increase in month of May, 2018 as compared the same month of last year as it went up by 79.62 percent and reached at 376,863 metric tons worth $209.898 million. In last month, exports of basmati rice witnessed 32.83 percent growth and about 54,061 metric tons of basmati rice valuing $53.384 million exported as compared the exports of 48,571 metric tons worth $40.190 million of same month of last year. The exports of rice other then basmati witnessed 104.16 percent growth during the period under review and about 322,802 metric tons of rice worth $156.514 million exported as against the exports of 173,782 metric tons valuing $76.664 million of same month of last year.

Author Name: https://nation.com.pk/25-Jun-2018/rice-worth-1-8b-exported-in-11-months