Daily Exclusive ORYZA Rice E-Newsletter

January 27,2016
Vol 6,Issue I

www.ricepluss.com

www.riceplusmagazine.blogspot.com

Daily Exclusive ORYZA Rice E-Newsletter

Japan Plans to Integrate Agriculture and

Industry to Protect Farmers, Businesses
under TPP
Jan 26, 2016

The government of Japan is planning to integrate agriculture and industry as part of its efforts to
protect farmers and businesses following the Trans-Pacific Partnership deal, according to local
sources.
Under the proposed plan, the government will encourage farmers to industrialize their farming
activities and turn their farms into businesses, according to the Economy Minister. They will
need to introduce marketing, branding and IT, and operate their farming activities as businesses,
he said.
The Minister also noted that the businesses need to put more emphasis on data and information
technology. He also noted that the government would support the farmers in implementing the
new measures. We will be targeting the autumn of next year for finalizing the concrete
substance of our policy, he added.
Under the TCPP deal, the government is reportedly planning to shift its agricultural policy from
defensively setting tariffs and introducing construction projects into rural areas to aggressively
promoting exports. It is also considering other measures such as buying the same amount of
domestic rice as foreign rice imported under new quotas to be set up under the free trade
agreement, to protect the rice farmers from the likely impact of the TPP.

Proper Method of Cooking Reduces Health

Risks Associated with Rice Consumption, Say
Experts
Jan 26, 2016

Several studies found that rice contains residues of arsenic and when consumed, these arsenic
residues could cause gastrointestinal problems, muscle cramping and lesions on the hands and
feet.
Andy Meharg, a professor of plant and soil sciences at Britain's Queen's University in Belfast
found that cooking rice in a coffee percolator could reduce the effects of arsenic on human
health. He noted that cooking rice in a percolator with 12:1 ratio of water and rice could reduce

Daily Exclusive ORYZA Rice E-Newsletter

the effects of arsenic by about 57%. Sometimes, the arsenic effects could be reduced by up to
85%, he said.
"Cooking rice, essentially boiling it in a pan until it soaks up all the liquid, binds into place any
arsenic contained in the rice and the cooking water," he said.
He also suggested some methods of cooking, which can remove the toxins present in rice,
especially white rice. Firstly when you cook rice, rinse properly when it is warm before full
boiling, and drain out the fluid. This will get rid of some of the toxins, he says.
The Telegraph earlier reported that increased consumption of organic rice, reducing rice intake and
eating a balanced diet, however, can minimize health issues associated with long-term arsenic
consumption.

Government of Cameroon Reinstates

Customs Duty on Rice Imports
Jan 26, 2016

The government of Cameroon has reinstated the 5% customs duty on rice imports under the 2016
Finance Act, according to local sources.
Amid concerns of increasing rice prices following the reinstating of the customs tax, the Trade
Minister reportedly urged traders and distributors of production chains to maintain prices.
The move is designed to increase local rice production in the country. The government is also
keen on increasing local rice production to avoid unnecessary price hikes and re-export of
imported rice.
The Cameroonian Parliament removed the tax in March 2008 after prices increased considerably
following a hunger strike in February 2008. However, the move is said to have resulted in rice
smuggling between Cameroon and Nigeria.
Cameroon produces less than half of the rice needed for annual consumption of around 450,000
tons, according to the local sources.
However, the USDA estimates Cameroon to produce about 128,000 tons of rice and import
about 530,000 tons to meet an annual demand of around 658,000 tons.

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Global Rice Quotes

January 26th, 2016
Long grain white rice - high quality
Thailand 100% B grade 370-380

Vietnam 5% broken

345-355

India 5% broken

355-365

Pakistan 5% broken

340-350

Myanmar 5% broken

415-425

Cambodia 5% broken

425-435

U.S. 4% broken 465-475

Uruguay 5% broken

475-485

Argentina 5% broken

470-480

Long grain white rice - low quality

Thailand 25% broken

350-360

Vietnam 25% broken

340-350

Pakistan 25% broken

305-315

Cambodia 25% broken 405-415

India 25% broken

325-335

U.S. 15% broken

445-455

Long grain parboiled rice

Thailand parboiled 100% stxd

370-380

Pakistan parboiled 5% broken stxd

405-415

India parboiled 5% broken stxd 345-355

U.S. parboiled 4% broken

500-510

Brazil parboiled 5% broken

520-530

Daily Exclusive ORYZA Rice E-Newsletter

Uruguay parboiled 5% broken NQ

Long grain fragrant rice

Thailand Hommali 92% 680-690

Vietnam Jasmine

425-435

India basmati 2% broken

NQ

Pakistan basmati 2% broken

NQ

Cambodia Phka Mails

750-760

320-330

Vietnam 100% broken 320-330

Brokens
Thailand A1 Super

Pakistan 100% broken stxd

Cambodia A1 Super

290-300

345-355

India 100% broken stxd 260-270

Egypt medium grain brokens

NQ

U.S. pet food

280-290

Brazil half grain NQ

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

Brazil Paddy Rice Index Increases About 1%

From Previous Week
Jan 26, 2016

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The Brazilian paddy rice index maintained by the Center for Advanced Studies on Applied
Economics (CEPEA) reached around 41.94 real per 50 kilograms as of January 25, 2016, up
about 1.11% from around 41.48 real per 50 kilograms recorded on January 18, 2016.
In terms of USD per ton, the index reached around $205.03 per ton on January 25, 2016, up
about 0.24% from around $204.53 per ton recorded a week ago.
Month-on-month, the index has increased about 2.39% from around 40.96 real per 50 kilograms
recorded month ago. In terms of USD, the index declined about 3.34% during the month.

Asia Rice Quotes Unchanged Today

Jan 26, 2016

Asia rice sellers kept their quotes mostly unchanged today.

5% Broken Rice
Thailand 5% rice is indicated at around $360 - $370 per ton, about $15 per ton premium on
Vietnam 5% rice shown at around $345 - $355 per ton. India 5% rice is indicated at around $355
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- $365 per ton, about $15 per ton premium on Pakistan 5% rice shown at around $340 - $350 per
ton.
25% Broken Rice
Thailand 25% rice is indicated at around $350 - $360 per ton, about $10 per ton premium o
Vietnam 25% rice shown at around $340- $350 per ton. India 25% rice is indicated at around
$325 - $335 per ton, about $20 per ton premium on Pakistan 25% rice shown at around $305 $315 per ton.
Parboiled Rice
Thailand parboiled rice is indicated at around $370 - $380 per ton. India parboiled rice is
indicated at around $345 - $355 per ton, about $60 per ton discount to Pakistan parboiled rice
last shown at around $405 - $415 per ton.
100% Broken Rice
Thailand broken rice, A1 Super is indicated at around $320 - $330 per ton, on par with Vietnam 100%
broken rice shown at around $320 - $330 per ton. India's 100% broken rice is shown at around $260 $270 per ton, about $30 per ton discount to Pakistan broken sortexed rice shown at around $290 - $300
per ton

Oryza U.S. Rough Rice Recap - Prices Firm

Slightly as Farmers Continue to Hold Out
Jan 27, 2016

The U.S. cash market was slightly firmer today with offers from resellers increasing with the
board while most farmers remain on the sidelines hoping for prices to rally.
Analysts note there was some rice trading domestically today around $11.67 per cwt fob farm
(about $258 per ton) however exporters were attempting to pay around that number CIF NOLA
with zero luck today.

Thailand Exports 9.8 Million Tons of Rice in

2015, Down 10.7% from Previous Year
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Jan 26, 2016

Thailand has exported around 9.8 million tons of rice in 2015, down about 10.7% from around
10.97 million tons exported in 2014, Bloomberg quoted a statement from the Thai Commerce
Ministry.
In terms of value, Thai rice exports declined about 15.2% y/y to around $4.61 billion.
In December 2015, Thailand exported around 1.22 million tons of rice. In terms of value, Thai
rice exports during the month declined about 22.5% y/y to around $536 million.

Oryza CBOT Rough Rice Futures Recap Chicago Rough Rice Futures Remain above
$11.000/cwt and Add to Yesterday's Gains
Jan 27, 2016

Chicago rough rice futures for Mar delivery settled 6.5 cents per cwt (about $1 per ton) higher at
$11.075 per cwt (about $244 per ton). The other grains finished the day mostly lower; Soybeans
closed about 0.5% lower at $8.7650 per bushel; wheat finished about 0.7% higher at $4.8475 per
bushel, and corn finished the day about 0.1% lower at $3.6925 per bushel.
U.S. stocks traded higher Tuesday, helped by a bounce in oil and some earnings beats, ahead of
the release of the Fed meeting statement Wednesday. U.S. crude rose about 6 percent to above
$32 a barrel in afternoon trade after plunging 5.75% Monday. Brent briefly climbed 7% to top
$32.50 a barrel. The gains came amid news OPEC is making renewed calls for rival producers to
cut supply alongside its members. The Federal Open Market Committee kicks off its two-day
meeting Tuesday and releases its statement Wednesday afternoon. No change in rates is expected
but investors will be scrutinizing the statement for insight into policymakers' views on the
economic environment and the future path of tightening. In economic news, the flash Markit
Services PMI for January came in at 53.7, versus the final 54.3 December print. Consumer
confidence was 98.1, up from a slightly downwardly revised December read of 96.3. In Europe,
stocks closed higher as oil bounced.
Asian stocks closed sharply lower, with the Shanghai Composite plunging 6.4% to its lowest
since late 2014. The Nikkei 225 lost 2.35%. The Shanghai index had its worst day since the
suspension of the circuit breaker rule in early January. Traders noted a variety of factors behind
the sharp decline in Chinese equities, including renewed concerns about capital outflows and
disappointment with central bank action thus far. In afternoon trade, the Dow Jones industrial
average gained 275 points, or 1.73%, to 16,160. The S&P 500 added 27 points, or 1.43%, to
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Daily Exclusive ORYZA Rice E-Newsletter

1,903, with energy leading all 10 sectors higher. The Nasdaq composite added 59 points, or
1.32%, to 4,578. Gold is seen trading about 1.4% higher, crude oil is seen trading about 5.4%
higher, and the U.S. dollar is seen trading about 0.2% lower at about 1:00pm Chicago time.
Monday, there were 423 contracts traded, the same number of contracts traded on Friday. Open
interest the number of contracts outstanding on Monday increased by 3 contracts to 13,300.

Italy to Conduct Meeting on Competitive and

Sustainable Rice Cultivation
Italy's Ente Nazionale Risi (ENR), the National Agency for Rice, will organize a technical
meeting on February 4, 2016, with an aim to help rice farmers and breeders with latest
developments in the rice value chain.
The meeting will be conducted together with the University of Milan, University of Turin, CRASCS (Council for Agricultural Research and Analysis of the Agrarian Economy), Assosementi
(National Association of Seed Breeders) and Asseme (Association of Mediterranean Seed
Breeders).
It will begin at 9.30 A.M. at ENR's Research Center in Castello d'Agogna, in Pavia province and
is open to all rice growers.
The morning session will consist of the presentation of the latest results of experimental tests to
improve the efficiency of nitrogen fertilization. The researchers of the Research Center and the
University of Milan and Turin will show the opportunity for a more competitive and sustainable
cultivation in the Italian rice growing area. They will also show the farmers the data of the
official seed certification by the CREA-SCS (former ENSE, National Chosen Seed Agency). The
session will close with the awarding ceremony of the National Competition for rice seed
growers.
The afternoon session will focus on studying issues related to the capital formation and the
variety of seed production. The participants will also be presented reports relating to the
"sensitive" ones by the presence of the plant pathogenic nematode 'Aphelenchoides besseyi,' the
results of the seed dressing process, as well as the spread of illegal practices of using noncertified seed.

Daily Exclusive ORYZA Rice E-Newsletter

Cambodia Hopes to Supply Rice to

Philippines in 2016, Says Prime Minister
Jan 26, 2016

The Prime Minister of Cambodia has expressed optimism that the country will succeed in
supplying rice to the Philippines this year by competing with Thailand and Vietnam, according
to Khmer Times.
The Philippines has import agreements with Thailand, Vietnam, and Cambodia. Last year,
Cambodia failed in the bid as its prices were high compared to Thailand and Vietnam. Exporters
have been expressing concern that they cannot lower prices significantly as their production
costs are high.
Speaking at the annual rice forum, the Prime Minister noted that the government missed the one
million ton export target last year due to the lack of warehouses and drying facilities. He assured
the stakeholders that the government is in talks with the Chinese government to support the
development of milling and storage infrastructure.
He also urged rice producers and exporters to produce rice in accordance with the tastes of the
different markets. Currently, Thailand, Vietnam, Laos and Myanmar also produce rice similar to
the Cambodian rice. He insisted on the differentiating Cambodian rice with others to boost
exports.
The President of the Cambodia Rice Federation (CRF) also agreed with the Prime Minister that
price was the barrier to supplying milled rice to the Philippines. He told reporters that the
country's rice sector should focus on prices as well as quality. He noted that currently, traders
and exporters are unable to buy all the paddy from farmers due to lack of storage and milling
facilities. Consequently, several tons of paddy are being sold unofficially to Thailand and
Vietnam. Once the infrastructure is ready, traders can collect all the paddy farmers, and thus
ensure more stocks for exports.
Cambodia's rice exports increased significantly in 2015 though the government could not reach
the one million ton target. Cambodia exported around 538,396 tons of milled rice in 2015 up
about 39% from around 387,061 tons exported during the same period last year.
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