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28th May , 2014

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TOP Contents - Tailored for YOU Latest News Headlines…

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Agriculture Research and Development Lacks Valuable Farmer Knowledge Oryza U.S. Rough Rice Recap - Cash Prices Hold Steady Despite Tanking Futures; USDA Estimates Planting 95% Complete Oryza Rice Currency Analysis for Today – Brazil Real Plunges 0.7%; India Rupee Down 0.6% Oryza Afternoon Recap - Chicago Rough Rice Futures Slide as Entire Grain Complex Tumbles Myanmar Strengthens Parboiling Rice Milling Capacity Amid Increasing Demand Thailand Remains in Political Crisis; Ruling Military Turns Attention to Repaying Rice Farmers; Rice Prices May Increase Cheap Asian Rice Imports Impeding Growth of Local Rice Industry, Say Ugandan Rice Millers Philippines Releases List of Early-Maturing and Drought-Tolerant Rice Varieties to Minimize El Niño Impact on Rice Production Jordan Seeks Egyptian Rice, despite Export Ban, as Syrian Crisis Affects Commercial Traffic to Jordan China Has the Last Laugh on Brown’s Import Argument Vietnam Exports 2.061 Million Tons Rice January 1- May 22, 2014 Conab Increases 2013-14 Paddy Rice Production Forecast to 12.63 Million Tons; Up About 7% Y/Y Brazil Paddy Rice Index Up About 1% from Last Week Asia Rice Quotes Unchanged Today Oryza Global Rice Quotes

News Detail…

Agriculture Research and Development Lacks Valuable Farmer Knowledge May 27, 2014

During a recent meeting of Agrinatura, a coalition of 31 European universities doing agricultural research, experts stressed the importance of cooperating with individual subsistence farmers in the research and development (R&D) chain.Experts warned researchers against excluding farmers from R&D work, highlighting the knowledge farmers can contribute and that their interests are a vital component of R&D work. Collectively,

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small-scale producers are a valuable resource with a wealth of shared knowledge that has been developed and refined over time in response to real world results. Much of this generational knowledge is based on observation, not scientific testing, but scientists might find this knowledge helpful as they develop new research.Bridging the gap between theory and practice, or scientists and farmers, is not a new problem. Scientists are able to make better progress when they intimately understand a farmer‟s work. While researchers‟ attitudes are slowly improving, longer funding cycles are also necessary, as multi-stakeholder projects take longer to complete than the average length of a grant, which usually provides funding for no more than four or five years. The solution isn‟t as easy as simply asking farmers for their help. Farmers can only provide researchers information about specific, local issues, and this information isn‟t always generalizable to the global community. A better solution, according to the French-based Agricultural Research for Development, is to develop representative regional and national farm organizations that can provide a collective voice to help influence researchers‟ work with farmers‟ needs in mind. Tags: rice research and development

Oryza U.S. Rough Rice Recap - Cash Prices Hold Steady Despite Tanking Futures; USDA Estimates Planting 95% Complete May 27, 2014

As of today, old crop offers could still be found around $16.33 per cwt fob farm (about $360 per ton) for June shipment; however, as you look out into July and August sellers' price ideas increase to about $16.66 per cwt fob farm (about $367 per ton). Given how much higher cash offers are compared to the futures market it has been more attractive for some buyers to load out warehouse receipts than to source rice in the cash market, and as a result, there were 27 warehouse receipts canceled overnight leaving 333 left on the exchange (30,303 tons). Bids from most larger mills decreased to around $14.85 per cwt (about $327 per ton) for May-June delivery while bids for exporters could still be found around $16.00 per cwt (about $353 per ton), for the same delivery period. However, no trades were reported. In the meantime, the USDA estimates that as of May 25th, 95% of the U.S. rice crop had been planted which was 6% more of this this time last year and 4% more than the previous 5-year average. As of now, the USDA estimates that farmers have planted at 95% of their rice crop in Arkansas, 90% in California, 99% in Louisiana, 91% in Mississippi, 95% in Missouri, and 98% in Texas. The USDA estimates that 80% of the U.S. rice crop had emerged which was 6% more than this time last year and 3% more than the previous 5-year average. As of now, the USDA estimates that 86% of the rice crop in

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Arkansas has emerged compared to 50% in California, 97% in Louisiana, 83% in Mississippi, 84% in Missouri, and 95% in Texas. The USDA also considers 67% of the U.S. crop to be in good to excellent condition, which was up 1% from last week, compared to 63% in Arkansas, 70% in California, 78% in Louisiana, 63% in Mississippi, 63% in Missouri, and 48% in Texas. Tags: U.S. rice prices; U.S. rice market

Oryza Rice Currency Analysis for Today – Brazil Real Plunges 0.7%; India Rupee Down 0.6% May 27, 2014

U.S. dollar index was down -0.04% from the open today, when it traded at 80.357 at the close. Euro was weaker -0.08% by the close, trading around 1.3634 by end of day, after trading between an intraday high of 1.3669 and low of 1.3619. Thai baht was weaker -0.12%, trading at 32.620 at the close of business. Indian rupee was weaker -0.55% at 59.0425. Brazilian real was weaker -0.74% at the close of trading today, trading at 2.2410 reais per dollar. Pakistan rupee was +0.15% stronger at 98.7525. Vietnamese dong was unchanged at 21145. Mexican peso was stronger +0.07% today, when it traded at 12.8619 pesos per dollar by the close of business. Chinese yuan was weaker -0.14% at 6.2479. Argentine peso was weaker -0.07% at 8.0703 pesos per dollar. Tags: foreign exchange rates, rice currencies, Global rice trade

Oryza Afternoon Recap - Chicago Rough Rice Futures Slide as Entire Grain Complex Tumbles

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May 27, 2014

Chicago rough rice futures for Jul delivery settled 15.5 cents per cwt (about $3 per ton) lower at $15.090 per cwt (about $333 per ton). The other grains finished the day sharply lower; soybeans closed about 1.8% lower at $14.8875 per bushel; wheat about 1.8% lower at $6.4100 per bushel, and corn finished the day about 1.7% lower at $4.6975 per bushel.U.S. stocks advanced Tuesday, with the S&P 500 setting a new record, as investors cheered a batch of better-than-expected economic reports and merger activity. U.S. equity markets were closed Monday for the Memorial Day holiday. The Dow Jones Industrial Average gained. The blue-chip index is less than 100 points from reaching its alltime high of 16,735.51. The S&P 500 and the Nasdaq also climbed. Most S&P sectors were higher, led by financials and utilities. On the economic front, durable goods unexpectedly rose 0.8% in April, according to the Commerce Department, exceeding expectation for a loss of 0.7%. Adding to positive news, S&P/Case-Shiller's composite index of 20 metropolitan areas rose 0.9% in March, edging past expectations for a gain of 0.7%. Meanwhile, consumer confidence hit 83 in May, in line with expectations. Gold is trading about 2% lower, crude oil is seen trading about 0.3% lower, and the U.S. dollar is seen trading about 0.1% higher at about 1:00pm Chicago time.Friday, there were 380 contracts traded, up from 268 contracts traded on Thursday. Open interest – the number of contracts outstanding – on Friday decreased by 347 contracts to 8,219. Tags: U.S. rice prices; U.S. rice market; Chicago rough rice futures

Myanmar Strengthens Parboiling Rice Milling Capacity Amid Increasing Demand May 27, 2014

Myanmar is constructing new parboiling rice mills in several parts of the country to meet increasing demand for the country's parboiled rice abroad, according to local sources.According to Myanmar Agribusiness Public Corporation (MAPC), the government has completed 90% of the mills construction and expects to make them ready before the monsoon harvest. A MAPC Board Director noted that the new mills will have a combined capacity between 200,000 tons an 300,000 tons of parboiled rice. He noted that ten imported steam-rice machines from Japan, which can produce up to 1,800 tons of parboiled rice per day with proper electric supply, are being installed in these mills. Six machines are already installed, says a source from Myanmar Rice Millers Association. He says parboiled rice mills with smaller capacities of 50-ton and 100-ton per day are also being constructed.Myanmar's parboiled rice exports are likely to surge to 300,000 tons in the fiscal year 2014-15 (April - March), up almost nine times from a mere 30,000 tons in 2013-14, according to the Myanmar Rice Industry Association (MRIA). The MRIA Chairman noted that demand for Myanmar parboiled rice is increasing in the European markets, particularly in Russia due to a decline in rice production.

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Myanmar's total rice exports in FY 2013-14 declined about 29% to one million tons from previous year because of reduced demand in China and political turmoil in Thailand, according to the MRIA Chairman. He, however expects Myanmar to export up to 1.5 million tons of rice in FY 2014-15.USDA estimates Myanmar to produce 12.15 million tons rice in MY 2014-15 (January - December) and export 1.3 million tons in 2014. Tags: Parboiled rice exports, Myanmar rice millers association, myanmar rice exports

Thailand Remains in Political Crisis; Ruling Military Turns Attention to Repaying Rice Farmers; Rice Prices May Increase May 27, 2014

Uncertainty over a general election in Thailand is still persisting due to ongoing protests between pro- and antigovernment groups, according to the Wall Street Journal.The Army Chief, who said in a press conference that he had received the royal endorsement for the military takeover, said discussions regarding election are going on and decision on the final date would depend on the country's security environment. He did not as well rule out the appointment of a new Prime Minister. The Military government has renamed itself as National Council for Peace and Order (NCPO), say local sources. They revealed that the Army Chief considering a governing body, which would oversee developmental aspects in the country. He is reportedly keen to increase government spending and speed up the growth rate in the country, which has been contracting since the beginning of this year. He is understood to have met with foreign investors to reassure them that the military government would take all measures to put the Thai economy back on track.However, analysts say Thailand's economic recovery largely depends on restoring democratic rule in the country. They say a functional government could boost public spending in the country but private spending is linked to a clear policy direction and political stability. The NCPO has authorized the Finance Ministry to borrow and guarantee bond issuance by the Bank for Agriculture and Agricultural Cooperatives (BAAC) worth a combined 92.4 billion baht ($2.8 billion) to pay 858,000 rice farmers. All the banks are understood to have lent their support to the Finance Ministry. According to local sources, the Finance Ministry has invited 32 state and private banks to bid for the first phase of a three-year program of bridge loans. It will open bidding for a term loan worth 30 billion baht ($919 million) on June 6, 2014 and another term loan worth 20 billion baht ($613 million) on June 13, 2014.In the meantime, the Bank of Agriculture and Agricultural Cooperatives (BAAC) will start paying from its reserve of around 40 billion baht ($1.2 billion). Local sources say the BAAC has already paid around 2 billion baht ($61 million) to farmers in some provinces. The NCPO is keen on completing all payments within a month. The Head of the Thai Farmers Association expressed joy over the development.

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The Commerce Ministry Permanent Secretary said government rice sales and government-to-government (G2G) rice deals would continue. Thailand rice exporters have so far increased their rice export quotes by about $5 per ton from last week and there are expectations that rice quotes will continue to advance. Tags: Thailand rice pledging scheme, Thai Rice Exporters Association, Thailand rice export prices

Cheap Asian Rice Imports Impeding Growth of Local Rice Industry, Say Ugandan Rice Millers May 27, 2014

Ugandan rice millers have said that cheap Asian rice imports are impeding the growth of rice sector in Uganda and other East African nations, according to local sources. They have appealed to the East African Community (EAC) representatives in Uganda to ban rice imports from Asia to help local rice industry grow. They also urged the EAC officials to revise the country's rice policy giving more prominence to local rice production.They say imported rice in Uganda as well as in other East African states is very competitive relative to locally produced rice due to high production costs. Reducing the costs associated with production, storage and transportation is prima facie important for the growth of local rice industry, they add.The rice millers' representative noted that the Uganda spends around

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Sh20 billion yearly (around $7.8 billion) on rice imports, adding that diverting the same funds towards development of rice sector in the country would ensure "regional self-sustenance on rice". He hailed Nigeria's plan to increase rice production and curb imports by 2015.According to a trade economist in the EAC Affairs Ministry, Uganda has potential to export rice and currently exports rice that is left out after meeting the consumption needs. He added that the country had earned around $1.2 billion from rice exports together in 2011 and 2012, according to UNCTAD statistics. However, he says growing consumption needs demand more rice supply in the country, adding that Uganda's consumption has increased three times faster than the increase in production during the last five years. Uganda produces only 65% of the required consumption demand and imports the remaining 35%. USDA estimates Uganda's milled rice production at 150,000 tons and import 120,000 tons in MY 2014-15 (May 2014 - April 2015) to meet consumption needs of 230,000 tons. Tags: Uganda rice imports, Uganda rice millers, East African Community

Philippines Releases List of Early-Maturing and Drought-Tolerant Rice Varieties to Minimize El Niño Impact on Rice Production May 27, 2014

The Philippines Rice Research Institute (PhilRice) has released a list of early-maturing and drought-tolerant rice varieties for the upcoming wet-season crop cycle to fend -off effects of a possible El Niño on the country's rice production.While early-maturing varieties could be harvested any time before the start of a possible drought, drought-tolerant varieties could be used with limited water supply, the Agriculture Secretary told local sources.The PhilRice has recommended drought-tolerant varieties PSB Rc10 (Pagsanjan), PSB Rc134 (Tubigan 4) and PSB Rc160 (Tubigan 14) for irrigated lowland and NSIC Rc192 (Sahod Ulan 1), PSB Rc14 (Rio Grande) and PSB Rc68 (Sacobia) for rainfed lowlands. It has recommended early-maturing varieties such as NSIC Rc272 (Sahod Ulan 2), NSIC Rc274 (Sahod Ulan 3), NSIC Rc276 (Sahod Ulan 4), NSIC Rc278 (Sahod Ulan 5), NSIC Rc280 (Sahod Ulan 6), NSIC Rc282 (Sahod Ulan 7), NSIC Rc284 (Sahod Ulan 8), NSIC Rc286 (Sahod Ulan 9), NSIC Rc288 (Sahod Ulan 10), NSIC Rc346 (Sahod Ulan 11) and NSIC Rc348 (Sahod Ulan 12) to combat drought associated El Niño pattern. These varieties can yield up to 6.7 tons per hectare, according to the PhilRice. It also recommended PSB Rc80 (Pasig), PSB Rc9 (Apo) and PSB Rc23 (Katihan 1) for upland environments.One of the PhilRice breeders noted that farmers could select a rice variety depending on the type of land they are cultivating. She said the PhilRice would help farmers in seed distribution, providing technical support and relevant information. The Philippine Atmospheric Geophysical and Astronomical Services Administration (Pagasa) predicted that El Niño would hit the Philippines in the last quarter of 2014 and last till the first quarter of 2015. Pagasa stated that El Niño would result in changes in normal rainfall pattern and dryness in most parts of the country. Tags: Early, drought-tolerant rice varieties, Pagasa

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Jordan Seeks Egyptian Rice, despite Export Ban, as Syrian Crisis Affects Commercial Traffic to Jordan May 27, 2014

Jordan's Ministry of Industry and Trade has formally requested the Egyptian Ministry of Industry and Foreign Trade to allow Jordan to import around 200,000 tons Egyptian medium grain rice despite ongoing ban on rice exports in Egypt, according to local sources.Rice is a staple food in Jordan, but Jordan does not produce any rice due to water scarcity. Jordan mainly imports medium grain rice from Italy, Spain, Turkey and the U.S., and other types of rice from Thailand, India and Pakistan. However, an ongoing crisis in Syria has been severely impacting commercial traffic to Jordan, which in turn is leading to a decline in supplies of several commodities, including rice, in the West Asian country. On the other hand Egypt has an exportable surplus of around 800,000 - 850,000 tons rice, but the government has banned exports in 2011 to control prices and ensure supplies for the country's subsidy program.It has to be seen whether Egypt will consider Jordan's request and export rice despite the ongoing export ban. There are instances in which Egypt had loosened its stance on exports in tune with market needs. In September 2012, the Egyptian government allowed rice exports through an export licensing system and in November 2013, it allowed export of 102,000 tons rice to provide support to falling prices. Also, the Egyptian Supplies Minister told local media in the beginning of March this year the government may allow rice exports to help revive the country's economy as well as to prevent illegal rice exports. USDA estimates Jordan to import around 200,000 tons rice in 2014 to meet a consumption demand of 200,000 tons. It estimates Egypt to produce 4.88 million tons rice and export around 25,000 tons in MY 2013-14 (October 2013 - September 2014). Egypt's consumption needs during the year are around 4 million tons.The Chairman of the Amman Chamber of Commerce told local media sources that Jordan government has requested Egypt to export other commodities such as fruits as well to compensate for declining food supplies in the country. Tags: Jordan rice imports, Egyptian rice export ban, Syrian crisis

China Has the Last Laugh on Brown’s Import Argument May 27, 2014

Is China having the last laugh with regards to what Lester Brown, the US environmental analyst and founder of the Earth Policy Institute, said about China sharpening global competition for food?.Brown recently wrote an essay titled, “Can the World Feed China?” in earth-policy.org to which China took offence. He wrote: “The world is transitioning from an era of abundance to one dominated by scarcity. China‟s turn to the outside world for massive quantities of grain is forcing us to recognize that we are in trouble on the food front. Can we reverse

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the trends that are tightening food supplies, or is the world moving toward a future of rising food prices and political unrest?” He also elaborated on how as China increases its grain imports, it is in the league of other grain-importing countries such as Japan, Mexico and Egypt. Result: Increase of food prices worldwide. Incidentally, Brown picked on China 20 years ago also when he wrote a book called “Who Will Feed China?” But China‟s agriculture ministry fought back Brown‟s argument, especially his statement that „the recent import moves by China exemplify the new geopolitics of food scarcity that affects us all.‟ The ministry maintained that 97% of China‟s grain consumption comes from its own output, not imports. Increase in grain imports to China aren‟t due to domestic shortages, instead it is because global prices are cheaper than domestic prices. It released data - imports accounted for 2.6% of domestic grain production volume in 2013, and just 4% of global output – to ascertain its stand as far as grain imports are concerned. Is there a lesson here? China‟s effect on the global market may be more nuanced. For example,China may offer a support floor to global rice prices, when they are cheaper than China‟s domestic prices, but China may also provide a price ceiling when it reduces imports should global rice prices advance too high. What is too high? Higher than China‟s domestic rice prices. Thus while China can drive prices higher, it can also push them lower. China‟s influence on global food markets does not guarantee a non-stop runaway rally, food shortages, and sustained high prices.China Has the Last Laugh on Brown‟s Import Argument Is China having the last laugh with regards to what Lester Brown, the US environmental analyst and founder of the Earth Policy Institute, said about China sharpening global competition for food? Brown recently wrote an essay titled, “Can the World Feed China?” in earth-policy.org to which China took offence. He wrote: “The world is transitioning from an era of abundance to one dominated by scarcity. China‟s turn to the outside world for massive quantities of grain is forcing us to recognize that we are in trouble on the food front. Can we reverse the trends that are tightening food supplies, or is the world moving toward a future of rising food prices and political unrest?” He also elaborated on how as China increases its grain imports, it is in the league of other grain-importing countries such as Japan, Mexico and Egypt. Result: Increase of food prices worldwide. Incidentally, Brown picked on China 20 years ago also when he wrote a book called “Who Will Feed China?” But China‟s agriculture ministry fought back Brown‟s argument, especially his statement that „the recent import moves by China exemplify the new geopolitics of food scarcity that affects us all.‟ The ministry maintained that 97% of China‟s grain consumption comes from its own output, not imports. Increase in grain imports to China aren‟t due to domestic shortages, instead it is because global prices are cheaper than domestic prices. It released data - imports accounted for 2.6% of domestic grain production volume in 2013, and just 4% of global output – to ascertain its stand as far as grain imports are concerned.

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Is there a lesson here? China‟s effect on the global market may be more nuanced. For example,China may offer a support floor to global rice prices, when they are cheaper than China‟s domestic prices, but China may also provide a price ceiling when it reduces imports should global rice prices advance too high. What is too high? Higher than China‟s domestic rice prices. Thus while China can drive prices higher, it can also push them lower. China‟s influence on global food markets does not guarantee a non-stop runaway rally, food shortages, and sustained high prices. Tags: China, grain imports, Lester Brown

Vietnam Exports 2.061 Million Tons Rice January 1- May 22, 2014 May 27, 2014

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Vietnam exported about 2.061 million tons of rice during January 1 - May 22, 2014, down about 26% from about 2.8 million tons of rice exported during January -May, 2013, according to data from the Vietnam Food Association (VFA). Average rice export price so far in this year stands at about $436 per ton (FOB), down about 1% from about $439 per ton recorded during January - May, 2013. During May 1-22, 2014, Vietnam exported about 309,974 tons of rice, down about 52% from about 648,359 tons rice exported in full month of May 2013, and down about 42% from about 537,094 tons rice exported in full month of April 2014. The average export price so far in May stands at around $431 per ton, up about 2% from a year ago, and down about 2% from a month ago.Vietnam's rice exports during May 1-22, 2014 include: 149,711 tons of 15% broken rice (about 48% of total rice exports in May 2014); 61,826 tons of Aromatic rice (about 20% of total rice exports in May 2014); 54,414 tons of 4-10% broken rice (about 18% of total rice export in May 2014); and 28,449 tons Nep or glutinous rice (about 9% of total rice exports in May 2014). Asia was the major rice exporting destination for Vietnam rice so far in May 2014, with about 177,431 tons or about 57% of total rice exports. The Americas was the second largest destination, accounting for of about 65,091 tons of rice exports (equivalent to about 21% of total rice exports in May 2014). Vietnam also exported 58,066 tons of rice to the Africa, about 7,114 tons of rice to the Europe, about 2,138 tons of rice to the Middle East, and about 134 tons of rice to Australia so far in May 2014.

Conab Increases 2013-14 Paddy Rice Production Forecast to 12.63 Million Tons; Up About 7% Y/Y Brazilâ€&#x;s paddy rice production in 2013-14 is expected to reach about 12.632 million tons, according to the latest forecast by National Grains Supply Company (Conab). The new forecast is about 0.3% higher than the April 2014 forecast of about 12.6 million tons, and up about 7% from about 11.82 million tons produced in 2012-

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13.Higher production is estimated on expectations of higher yield and higher acreage for 2013-14. Average 2013-14 rice yield in Brazil is now forecast at about 5.21 tons per hectares, unchanged from the previous forecast, and up about 6% from about 4.93 tons per hectare in 2012-13.

Conab expects Brazil's rice area to reach at about 2.425 million hectares in 2013-14, up about 0.3% from about 2.417 million hectares forecast in April and up about 1.1% from an about 2.4 million hectares in 2012-13. Tags: brazil paddy production, Conab

Brazil Paddy Rice Index Up About 1% from Last Week May 27, 2014

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The Brazilian paddy rice index maintained by CEPEA reached about 36.6 real per 50 kilograms as of May 26 2014, up about 1% from about 36.33 real per 50 kilograms recorded on May 19, 2014.In terms of USD per ton, the index stood at around $330 per ton on May 26, 2014, up about 0.4% from $329 per ton recorded on May 19, 2014. Tags: Brazil CEPEA rice price index, brazil paddy prices

Asia Rice Quotes Unchanged Today May 27, 2014

Asia rice sellers kept their quotes mostly unchanged today. 5% Broken Rice Thai 5% rice (of new crop) is quoted around $370 - $380 per ton, about $30 per ton discount to Viet 5% rice shown around $400 - $410 per ton. Indian 5% rice is quoted around $425 - $435 per ton, on par with Pak 5% rice quoted around $425 - $435 per ton. 25% Broken Rice Thai 25% rice of the old crop is quoted about $340 - $350 per ton, about a $20 per ton discount to Viet 25% rice shown around $360 - $370 per ton. Indian 25% rice is quoted around $385 - $395 per ton, on par with Pak 25% quoted around $385 - $395 per ton. Parboiled Rice Thai parboiled rice of the old crop is quoted around $405 - $415 per ton. Indian parboiled rice is quoted around $400 - $410 per ton, about $35 per ton discount to Pak parboiled rice quoted around $435 - $445 per ton. 100% Broken Rice Thai broken rice, A1 Super, of the old crop is quoted around $305 - $315 per ton, about a $30 per ton discount to Viet broken rice shown around $335 - $345 per ton. Indian broken sortexed rice is quoted around $310 - $320 per ton, about a $20 per ton discount to Pak broken sortexed rice quoted around $330 - $340 per ton. Tags: Asia rice prices, Asia rice quotes, Global rice trade

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Oryza Global Rice Quotes May 27th, 2014 Long grain white rice - high quality

Thailand 100% B grade 385-395

Vietnam 5% broken

400-410

India 5% broken

425-435

Pakistan 5% broken

425-435

Cambodia 5% broken

435-445

U.S. 4% broken 580-590

Uruguay 5% broken

625-635

Argentina 5% broken

620-630

Long grain white rice - low quality Thailand 25% broken

340-350

Vietnam 25% broken

360-370

Pakistan 25% broken

385-395

Cambodia 25% broken 405-415

India 25% broken

385-395

U.S. 15% broken

555-565

Long grain parboiled rice Thailand parboiled 100% stxd

405-415

Pakistan parboiled 5% broken stxd

435-445

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India parboiled 5% broken stxd 400-410

U.S. parboiled 4% broken

660-670

Brazil parboiled 5% broken

NQ

Uruguay parboiled 5% broken

NQ

Long grain fragrant rice Thailand Hommali 92% 930-940

Vietnam Jasmine

525-535

India basmati 2% broken

NQ

Pakistan basmati 2% broken

NQ

860-870

Thailand A1 Super

305-315

Vietnam 100% broken

335-345

Cambodia Phka Malis

For Advertising SPECS & RATES Mujahid Ali mujahid.riceplus@gmail.com +92 321 369 2874

+92

Brokens

Pakistan 100% broken stxd

330-340

350-360

India 100% Broken stxd 310-320

Egypt medium grain brokens

NQ

U.S. pet food

Cambodia A1 Super

470-480

Brazil half grain

NQ

Medium grain milled U.S. Calrose 4% broken 1070-1080 Egypt medium grain 6% NQ

All prices USD per ton, FOB vessel, oryza.com

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28th may,2014 daily oryza exlusive rice e newsletter by riceplus magazine