Beruflich Dokumente
Kultur Dokumente
February 11,2016
Vol 7 Issue II
1|www.ricepluss.com , www.riceplusmagazine.blosgspot.com
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Editorial Board
Chief Editor
Businessmen advised to participate in Malaysian events
Hamlik
CM meets Paswan, seeks enhanced rice quota
Rice group taking role in China deal
Managing Editor
Rice Federation Raises Alarm about Vietnams FTA with EU
Abdul Sattar Shah
State panel clears rice scheme of damages
Rahmat Ullah
El Nino leads to global rice shortfall
Rozeen Shaukat
New Tender for U.S. Origin Rice Follows USA Rice Technical Seminar
CME Seeks Rice Industry Response to Rough Rice Futures Contract Survey
English Editor
Terry Walker Named Director of Arkansas State Plant Board
Maryam Editor
APEDA RICE COMMODITY
Legal Advisor
Rice Prices
Advocate Zaheer Minhas
Arkansas Farm Bureau Daily Commodity Report
Nagpur Foodgrain Prices Open-Feb 11
Editorial Associates
News Detail...
LAHORE
Malaysian High Commissioner Dr Hasrul Sani Mujtabar has said that
Malaysia and Pakistan are potential markets and there is a lot of scope to
enhance two-way trade.He was talking to the LCCI Senior Vice President
Almas Hyder and Vice President Nasir Saeed here at the Lahore Chamber
of Commerce & Industry. Former LCCI office-bearers and Executive
Committee Members were also present on the occasion.
Dr.Malik Mohammad
Hashim
Dr.Hasina Gul
Dr.Hidayat Ullah
Dr.Abdul Basir
Zahid Mehmood
PSO,NIFA Peshawar
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3|www.ricepluss.com , www.riceplusmagazine.blosgspot.com
Bhubaneswar: Chief
Minister
Naveen
Patnaik Thursday
urged the Union
minister
for
consumer
affairs,
food and public
distribution, Ram
Vilas Paswan, to
enhance allocation
of rice quota to the
state.Patnaik
pointed out that
most people in
Orissa prefer rice as
their staple diet and
the ratio of rice to
wheat
in
the
National
Food
Security
Act
(NFSA) beneficiary
list came to 85.82:
14.18.
However, the Centre is allocating foodgrain in the ratio of 78.83:21.17 for rice and wheat since
the implementation of NFSA in November 2015, he said.The state has, as a result, consumed
27,904 MT of rice more than the allocation by the Centre till January 2016, Patnaik said. In
February, the state will consume 13,139 MT of rice more than the central allocation, he
said.Therefore, the earlier ratio of requirement for rice and wheat 85.82:14.18 may be approved
by Union government and the shortfall of allocation for rice in the last four months since
November may be released, the Chief Minister said.
At the same time, the surplus allocation for wheat may be withdrawn, he said.Patnaik also
raised the problem faced because of the reduction of weight of gunny bags from 665 grams to
580 grams because of which the Food Corporation of India (FCI) is rejecting the rice packed in
the gunny bags. This is consequently leading to problems for the state. The Chief Minister urged
Paswan to direct FCI to receive rice packed in the new gunny bag, which was specified by the
Directorate General of Supplies and Disposals (DGS&D).The state government also requested
the Centre to allocate subsidised rice for SC, ST students in different government-run residential
schools.
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Yingluck Shinawatra's Facebook account has been packed in recent weeks with photos of her
with supporters, such as these women presenting her with flowers earlier this week in Chiang
Mai.
10 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
BAGHDAD, IRAQ -- The Ministry of Trade of Iraq has issued a new tender here for 90,000
metric tons of rice specifically of U.S. origin. Bids are due in 10 days, and while the offer of a
tender does not guarantee a sale, the move was welcomed in the United States.
"USA Rice has been working for years to make Iraq a reliable market once again, meeting with
Iraqi officials, sponsoring trips for the Iraq Grain Board to come to the United States, holding
technical meetings, hiring a consultant on the ground there, and getting the U.S. Embassy in
Baghdad involved," explained USA Rice Chairman Dow Brantley. "The political and financial
situation there remains volatile, but this U.S.-specific tender is a sign that we are making
headway."
The new tender comes on the heels of a two-day workshop held here for staff at the Iraq
Ministries of Trade and Planning and the Iraq Grain Board, jointly organized by USA Rice, the
U.S. Embassy, the U.S. Commerce Department, and USAID.
Many technical issues were covered, including shipping bulk versus bag, broken percentages,
and other logistical challenges faced in country.
"This is exciting news, but it's important to keep things in context," said USA Rice President &
CEO Betsy Ward. "We've learned that rations for Iraqi citizens are being dialed back because of
extreme revenue shortfalls and the lack of an approved budget, but we will continue to make the
case for U.S. rice to re-establish this important market, both for us, but also for the Iraqi people."
John Owen
CHICAGO, ILLINOIS -- The CME Group based here that oversees the trading of the Rough
Rice Futures contract has published a short, two-question survey for rice industry members to
complete by Monday, February 22.The survey is soliciting feedback on two features of the
current Rough Rice Futures contract: overnight trading hours and the delivery instrument. At
the industry's request, CME Group is looking into a move from Warehouse Receipts to Shipping
11 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
All members of the rice industry, particularly those with interest in the rice futures market are
encouraged to complete the CME Group survey, found here.
12 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
13 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
Product
Price
3500
4500
3000
2150
2300
2850
3800
1200
2320
Garlic
Ginger
Source:agra-net
Market Watch
Commodity-wise, Market-wise Daily Price on 09-02-2016
Domestic Prices
Product
Market Center
Variety
Min Price
Max Price
Aroor (Kerala)
Other
2800
3000
Bonai (Orissa)
Other
2000
2000
Other
2200
2300
Cherthala (Kerala)
Other
2350
2500
Sangli (Maharashtra)
Other
2100
2800
Dahod (Gujarat)
Lokwan
1650
1750
Manjeri (Kerala)
Other
3300
3500
Nagpur (Maharashtra)
Other
700
2200
Other
2600
2800
Jatni (Orissa)
Other
1350
1450
Barnala (Punjab)
Other
1000
1100
Surat (Gujarat)
Other
750
1250
Rice
Wheat
Orange
Onion
Source:agmarknet.nic.in
14 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
Rs per 100 No
Price on 09-02-2016
Product
Market Center
Price
Pune
395
Chittoor
378
Hyderabad
365
Source: e2necc.com
Product
Market Center
Origin
Variety
Low
Onions Dry
High
Package: 40 lb cartons
Atlanta
Peru
Yellow
23
24.50
Chicago
Nevada
Yellow
34.50
34.50
Detroit
Peru
Yellow
22
Cauliflower
24
Package: cartons film wrapped
Atlanta
Mexico
White
13
13.50
Dallas
California
White
17.75
20
Detroit
California
White
15
17
Grapes
Atlanta
Peru
Red Globe
26
29
Chicago
Peru
Red Globe
23
25
Miami
Peru
Red Globe
25
26
Source:USDA
Product
Price
4625
4125
3625
2794
1905
1900
691
575
440
Apricots
Sultanas
White Sugar
Source:agra-net
15 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
Product
Market Center
Variety
Min Price
Max Price
Aroor (Kerala)
Other
2800
3000
Bonai (Orissa)
Other
2000
2000
Other
2200
2300
Cherthala (Kerala)
Other
2350
2500
Sangli (Maharashtra)
Other
2100
2800
Dahod (Gujarat)
Lokwan
1650
1750
Manjeri (Kerala)
Other
3300
3500
Nagpur (Maharashtra)
Other
700
2200
Other
2600
2800
Jatni (Orissa)
Other
1350
1450
Barnala (Punjab)
Other
1000
1100
Surat (Gujarat)
Other
750
1250
Rice
Wheat
Orange
Onion
Source:agmarknet.nic.in
Egg
Rs per 100 No
Price on 11-02-2016
Product
Market Center
Price
Ahmedabad
395
Nagapur
360
Namakkal
370
Source: e2necc.com
Product
Market Center
Origin
Variety
Low
Colorado
Russet
17
17.50
Canada
Russet
18
18
Wisconsin
Russet
15
Potatoes
High
Package: 50 lb cartons
Atlanta
Baltimore
Detroit
Cabbage
15.50
Package: 50 lb sacks
Atlanta
Florida
Round Green
Type
12
14
Dallas
Mexico
Round Green
Type
13
13
Miami
Texas
Round Green
Type
12
13
Grapefruit
16 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
Atlanta
Florida
Red
21
21.50
Chicago
Florida
Red
20
22
Miami
Florida
Red
14
16
Source:USDA
Rice Prices
as on : 11-02-2016 08:11:21 PM
Arrivals in tonnes;prices in Rs/quintal in domestic market.
Arrivals
Current
Price
%
Season
Prev. Prev.Yr
Modal
change cumulative
Modal %change
Rice
Gadarpur(Utr)
Bharthna(UP)
Etawah(UP)
Shahjahanpur(UP)
Allahabad(UP)
Pilibhit(UP)
Gondal(UP)
Sitapur(UP)
Basti(UP)
Bareilly(UP)
Chandabali(Ori)
Aligarh(UP)
Karimganj(ASM)
Achalda(UP)
Saharanpur(UP)
Kalipur(WB)
P.O. Uparhali Guwahati(ASM)
Bindki(UP)
Jaunpur(UP)
Pandua(WB)
Gazipur(UP)
Lanka(ASM)
Ghaziabad(UP)
Purulia(WB)
Dadri(UP)
Muzzafarnagar(UP)
1458.00
1.89
600.00
50
350.00 16.67
211.70 50.57
180.00
-10
180.00
50
158.00
3.95
149.00 -0.67
123.50 12.27
108.50
2.36
85.00
NC
85.00
6.25
80.00
100
80.00 14.29
80.00
8.11
80.00 -2.44
74.00
2.78
60.00 33.33
45.00
12.5
45.00
-10
43.00
7.5
40.00
-20
40.00 -42.86
40.00 66.67
35.00 -2.78
32.00 -28.89
57627.00
4900.00
14520.00
38382.70
4580.00
16098.00
9542.10
4154.00
3043.50
5613.50
1013.00
1425.00
1040.00
2270.00
3201.00
2596.00
1981.00
1548.00
896.00
1083.00
958.50
1575.00
1390.00
1240.00
1182.00
718.00
2155
2250
2250
2190
2125
2190
2020
2220
2060
2200
1800
2160
2200
2240
2040
2050
2100
2250
1945
2600
1910
1725
2065
2180
2080
2050
2390
2250
2255
2200
2100
1250
2010
2220
2060
2200
1800
2150
2200
2240
2035
2050
2100
2245
1940
2500
1910
1725
2075
2200
2070
2060
16.49
3.45
2.27
8.15
3.66
-6.81
-0.25
2.54
5.10
4.76
28.57
13.68
4.76
2.75
-2.39
-6.82
-19.23
7.91
-1.89
3.80
-2.82
-9.17
-1.89
-
17 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
30.00
29.00
28.50
28.00
28.00
26.50
25.00
23.00
20.00
20.00
20.00
18.50
18.00
17.00
16.00
14.00
13.20
13.00
13.00
12.00
12.00
10.50
9.50
8.90
8.50
8.00
7.00
7.00
7.00
6.00
6.00
5.50
5.00
4.90
3.40
3.00
3.00
3.00
2.00
1.80
1.00
33.33
16
-9.52
1.82
12
6
NC
15
-50
-20
NC
54.17
NC
6.25
6.67
27.27
5.6
-18.75
-13.33
20
20
23.53
18.75
-5.32
41.67
-11.11
40
-12.5
-22.22
9.09
20
-91.2
-37.5
13.95
-72.13
NC
NC
-51.61
33.33
20
-16.67
864.50
705.00
883.50
833.00
140.00
395.50
557.00
190.00
1100.00
185.00
372.50
570.80
218.00
320.00
342.00
301.00
147.10
170.00
359.00
38.00
405.00
351.00
307.00
783.90
205.00
261.00
88.00
177.50
47.00
150.80
51.00
814.50
244.50
142.80
139.60
106.70
40.10
9.20
48.50
4.90
46.10
2055
3000
2075
1915
2830
1950
2700
1850
2700
3100
2145
2400
2075
2300
2300
2100
2170
2060
2450
1880
2350
2065
2190
1900
2300
2500
2125
2020
2230
2600
2700
2190
2050
325
3250
6900
2000
1700
2050
2500
2060
2050
3000
2090
1920
2830
1950
2700
1850
2700
3200
2140
2400
2050
2300
2300
2150
2185
2075
2450
1880
2350
2060
2190
1900
2400
2300
2125
2000
2230
2600
2700
2160
2050
325
3250
6900
2000
1700
2045
2600
2075
6.75
1.22
1.86
10.48
-4.26
NC
3.33
4.53
2.94
NC
1.23
2.08
-6.93
-12.96
10.13
-14.81
8.70
1.51
1.83
4.00
5.04
0.99
NC
-25.81
-9.09
17.24
1.23
-5.66
0.49
18 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m
Futures:
High
Mar '16 1110.0
May '16 1137.5
Jul '16
Sep '16 1169.0
Nov '16 1161.0
Jan '17
Mar '17
Low
1094.0
1121.0
1158.5
1161.0
Last Change
1101.5 -11.5
1129.0 -12.0
1157.0 -11.5
1168.5 -14.5
1183.0 -20.5
1186.5 -20.5
1186.5 -20.5
Rice Comment
Rice futures traded within yesterday's range before ending lower, despite a better export report this
week. USDA says 53,000 metric tons were sold to foreign buyers this week, compared with only 40,200
metric tons last week. The monthly supply/demand balance sheet was little changed, but the on-farm price was
lowered again. The average expected price for long grain is now $11.00-$11.60/cwt, and mid-south medium
grain is expected to bring $11.70-$12.30. March has been working lower and is set up for a retest of the recent
low of $10.65.
http://www.arfb.com/ag-markets-statistics/report/