13th August, 2013 Daily Global Exclusive ORYZA E-Newsletter by Riceplus Magazine

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

13
th
August , 2014

TOP Contents - Tailored for YOU
Latest News Headlines
China to Buy 100,000 Tons of Rice from Cambodia in Next
Nine Months
Asia Rice Quotes Unchanged Today
Brazil Paddy Rice Index Up From Last Week
Nearly 95% of Italian Paddy Rice Sold One Month before
New Crop Harvest
European Paddy, Rice Prices Stable as New Crop
Approaches
Oryza Global Rice Quotes
Oryza Afternoon Recap - Chicago Rough Rice Futures
Finish Little Changed as USDA WASDE Report Meets
Expectations
Oryza Rice Currency Analysis for Today Currencies
Little Changed
Oryza Overnight Recap - Chicago Rough Rice Futures
Trade Slightly Higher while Other Grains Seen Lower
Oryza U.S. Rough Rice Recap - Prices Hold after WASDE
Reports Slightly Higher US Production
Oryza Shares Press Release: Food Security Summit on
Agricultural and Nutrition Challenges and Solutions in Asia Pacific
Poor Monsoon, Delayed Rice Crop, Inflation Rough 2014 for India
Rice Price to Shoot up from December in Thailand
News Detail..

Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.com

China to Buy 100,000 Tons of Rice from Cambodia
in Next Nine Months
Aug 12, 2014
China has agreed to buy 100, 000 tons of Cambodia's rice under a
Memorandum of Understanding (MoU) signed on August 12 in
Beijing, China. Under this agreement, between China National
Cereals, Oils and Foodstuffs Corporation (COFCO) and Green
Trade, China will import rice in various phases between August
2014 and April 2015. China state-owned company Green Trade
will oversee the supply.Specific breakdown in varieties and
tonnage would be the second step forward, said the Ministers of
Commerce of both the countries who stood as witnesses. China is
the fifth biggest rice importer of Cambodian rice. Incidentally, Cambodia exported about
20, 000 tons to China in 2013 and prohibitive transportation costs is the reason for the reduction in imports.A
lso, Cambodia could neither meet Chinas demand for long grained rice nor compete with Vietnam in the
pricing.
Tags: China, Cambodia, Rice, rice news, import, export, MoU, COFCO, Green Trade
Asia Rice Quotes Unchanged Today
Aug 12, 2014
Asia rice sellers kept their quotes mostly unchanged today. Thailand rice sellers are out today due to a national
holiday.
5% Broken Rice
Thailand 5% rice was last quoted about $445 - $455 per ton, about $5 per ton premium on Vietnam 5% rice
shown about $440 - $450 per ton.
India 5% rice is quoted about $435 - $445 per ton, about $10 per ton discount to Pakistan 5% rice quoted about
$445 - $455 per ton.
25% Broken Rice


Thailand 25% rice was last quoted about $350 - $360 per ton, about $55 per ton discount to Vietnam 25% rice
shown about $405 - $415 per ton.
India 25% rice is quoted about $390 - $400 per ton, about $5 per ton discount to Pakistan 25% rice quoted at
about $395 - $405 per ton.
Parboiled Rice
Thailand parboiled rice was last quoted about $445 - $455 per ton.
India parboiled rice is quoted about $425 - $435 per ton, about $25 per ton discount to Pakistan parboiled rice
quoted about $450 - $460 per ton.
100% Broken Rice
Thailand broken rice, A1 Super, was last quoted about $310 - $320 per ton, about a $25 per ton discount to
Vietnam broken rice shown about $335 - $345 per ton.
India broken sortexed rice is quoted about $340 - $350 per ton, about $15 per ton premium on Pakistan broken
sortexed rice quoted about $325 - $335 per ton.
Tags: Asia rice quotes, India rice quotes, Rice, Thailand rice quotes, Pakistan rice quotes, Vietnam rice quotes
Brazil Paddy Rice Index Up From Last Week
Aug 12, 2014


The Brazilian paddy rice index maintained by CEPEA reached at about 36 real per 50 kilograms as of August
11, 2014, up about 0.4% from about 35.86 real per 50 kilograms recorded on August 4, 2014.
In terms of USD per ton, the index reached at about $316 per ton on August 11, 2014, down about 0.5% from
about $318 per ton recorded on August 4, 2014.
Tags: Brazil, Paddy, Rice Index, current, rice news
Nearly 95% of Italian Paddy Rice Sold One Month
before New Crop Harvest
Aug 12, 2014
With about one month left before the next harvest, there are still 82,089 tons of paddy rice still available on the
Italian market; starting from beginning availability of 1,447,783 of September 2013, 94.8% has been sold up to
August 5 (equivalent to 1,373,067 tons).
In the week between July 29 and August 5 paddy reached 18,471 tons, but many varieties are no longer
available. For some highly requested varieties the sales have surpassed availability. In the case of Arborio-
Volano beginning availability was fixed at 78,799 tons, but up to now 83,669 have been sold.
At the Milan grain exchange in Italy, farm gate paddy quotes as for August 5 are limited to only five varieties:
Roma paddy rice is firm at 460-490 euros (about $ 614-655) per ton; Thaibonnet is slightly increasing, passing
from 220-230 euros (about $ 294-307) per ton of July 29 to 230-240 euros (about $ 307-320) per ton of August
5; Valone Nano remains the best-seller, unchanged at 925-960 euros (about $ 1,236-1,283) per ton, while
Selenio is not moving from 255-275 (about $ 340-367) per ton.
Tags: italy paddy prices, italy paddy sales, italy rice production
European Paddy, Rice Prices Stable as New Crop
Approaches
Aug 12, 2014
BRUSSELS - European paddy quotes in the week July 29 and August 5 are mostly stable. There is some
movement in Romania where prices are slightly increasing for paddy, and declining for milled rice.SPAIN -
Prices for paddy rice are slightly moving: Japonica varieties advanced slightly from 277 euro (about $ 370) per
ton, to 278 (about $ 371) per ton. Japonica milled rice is stable at 542 euros (about $ 724) per ton. Indica


quotations are slightly lower, falling from 270 euros (about $ 360) per ton July 29 to 267 euros (about $ 356)
per ton of August 5. No quotations are available for milled Indica rice.
PORTUGAL - No quotations are available both for paddy and milled rice.GREECE - Greek paddy quotations
are stable: medium varieties remain firm at 400 euros (about $ 534) per ton; long varieties remain at around 450
euros (about $ 601) per ton and Indica from 240 euros (about $ 403) per ton.
ROMANIA - Paddy Japonica rice quotations are increasing, starting from 302 euros (about $ 403) per ton of
July 29 to 323 euros (about $ 431) per ton of August 5. Theres a similar trend for Indica paddy, up from 282
euro (about $ 376) per ton of July 29 to 305 euros (about $ 407) per ton of August 5. The trend reverses for
milled rice; Japonica milled rice quotes declined from 866 euros (about $ 1,157) per ton of July 29 to 725 euros
(about $ 969) per ton of August 5 while Indica milled rice quotes fell from 789 euros (about $ 1,054) per ton of
July 29 to 621 euros (about $ 830) per ton of August 5.
BULGARY - Japonica paddy remains firm at 276 euros (about $ 368) per ton, while Japonica milled is stable at
814 euros (about $1,088) per ton.

FRANCE - No quotations are available for milled varieties on August 5. On July 29 round varieties reached 440
euros (about $ 588) per ton, Long A 550 euros (about $ 735) per ton, and Long B 400 euros (about $ 534) per
ton.
Tags: european rice prices, global rice news

Oryza Global Rice Quotes
August 12th, 2014
Long grain white rice - high quality
Thailand 100% B grade 460-470
Vietnam 5% broken 440-450
India 5% broken 435-445
Pakistan 5% broken 445-455
Cambodia 5% broken 470-480
U.S. 4% broken 550-560


Uruguay 5% broken 615-625
Argentina 5% broken 610-620

Long grain white rice - low quality
Thailand 25% broken NQ
Pakistan 25% broken 395-405
Cambodia 25% broken 455-465
India 25% broken 390-400
U.S. 15% broken 530-540

Long grain parboiled rice
Thailand parboiled 100% stxd 445-455
Pakistan parboiled 5% broken stxd 450-460
India parboiled 5% broken stxd 425-435
U.S. parboiled 4% broken 630-640
Brazil parboiled 5% broken NQ
Uruguay parboiled 5% broken NQ

Long grain fragrant rice
Thailand Hommali 92% 1015-1025
Vietnam Jasmine 595-605
India basmati 2% broken NQ
Pakistan basmati 2% broken NQ
Cambodia Phka Malis 875-885


Brokens
Thailand A1 Super NQ
Pakistan 100% broken stxd 325-335
Cambodia A1 Super 365-375
India 100% Broken stxd 340-350
Egypt medium grain brokens NQ
U.S. pet food 470-480
Brazil half grain NQ
All prices USD per ton, FOB vessel, oryza.com

Tags: chicago rough rice futures, U.S. rice prices, U.S. rice market
Oryza Rice Currency Analysis for Today
Currencies Little Changed
Aug 12, 2014
U.S. dollar index was stronger +0.06% from the open today, when it traded at 81.514 at the close.
Euro was weaker -0.13% by the close, trading around 1.3367 by end of day, after trading between an intraday
high of 1.3386 and low of 1.3336.
Thai baht was +0.02% stronger, trading at 32.084 at the close of business.
Indian rupee was stronger +0.15% at 61.0900.
Brazilian real was weaker -0.17% at 2.2794 reais per dollar.
Pakistan rupee was +0.07% stronger at 99.1758.
Vietnamese dong was +0.06% stronger at 21198.


Mexican peso was stronger +0.27% today, when it traded at 13.1441 pesos per dollar by the close of business.
Chinese yuan was -0.06% weaker at 6.1581.
Argentine peso was stronger +0.01% at 8.2712 pesos per dollar.
Tags: foreign exchange rates, Rice currencies, Global rice trade
Oryza Overnight Recap - Chicago Rough Rice
Futures Trade Slightly Higher while Other Grains
Seen Lower
Aug 12, 2014
Chicago rough rice futures for Sep delivery are trading 6 cents per cwt (about $1 per ton) higher at $12.685 per
cwt (about $280 per ton) during early floor trading in Chicago. The other grains are seen lower this morning in
Chicago: soybeans are currently seen 0.7% lower, wheat is listed about 1.6% lower and corn is noted about
1.8% lower. U.S. stocks traded flat after opening lower on Tuesday for the first day in three amid geopolitical
concerns from developments in Ukraine and Russia. Earlier, stocks had edged up after the JOLTS job openings
report showed a slight increase in May. Some analysts pointed to the effect of the sanctions on the European
economy. Germany's ZEW report showed that investor morale dropped to its lowest since December 2012,
sending the DAX as much as 0.70 percent lower.
The Euro also declined against the dollar to nearly a nine-month low. On Tuesday, Reuters reported that Russia
had sent a 280 truck convoy to Ukraine carrying humanitarian aid. NATO fears the aid may be a disguised bid
to invade Ukraine, following its annexation of the country's Crimea region in March. Meanwhile, U.S. President
Barack Obama said Iraq had made important strides towards rebuffing of militants, through the appointment of
a new prime minister. He urged the formation of an "inclusive" government. In the minutes following the open,
the Dow Jones Industrial Average fell more than 8 points, or 0.05 percent in the open, to 1,934.90. The S&P
500 fell 1 point, or 0.05%, to 1,935.90. Energy and health care were among the greatest laggards, with about
half of the 10 sectors declining. The Nasdaq fell nearly 4 points, or 0.08%, to 4,398.01. Gold is currently trading
about 0.5% higher, crude oil is seen trading about 0.6% lower, and the U.S. dollar is currently trading about
0.2% higher at 9:15am Chicago time.
Tags: chicago rough rice futures, U.S. rice prices, U.S. rice market


Oryza U.S. Rough Rice Recap - Prices Hold after
WASDE Reports Slightly Higher US Production
Aug 12, 2014
The U.S. cash market was unchanged today despite the USDA WASDE report showing a slight increase of
300,000 cwts (about 13,607 tons) in US long grain production on account of higher field yields which
increased in the 2014/15 US long grain carry over by the same amount. The USDA also left their average farm
price projection for long grain paddy unchanged from last month at $12.00-$13.00 per cwt (about $265-$287
per ton) fob farm, as was expected.
As of today, offers could still be seen near $13.33 per cwt fob farm (about $294 per ton) while bids held steady
around $12.85-$13.25 per cwt (about $282-$292 per ton) for September-October delivery; however, there was
zero seller interest at these levels today.In the meantime, the USDA estimates that as of August 11, 71% of the
U.S. rice crop had headed which was 3% greater than this time last year and 1% greater than the previous 5-year
average. As of now, the USDA estimates that 65% of the rice crop in Arkansas has headed compared to 60% in
California, 95% in Louisiana, 78% in Mississippi, 66% in Missouri, and 96% in Texas.
The USDA also considers 73% of the U.S. to be in good to excellent condition, which was 2% better than last
week and this time last year, compared to 65% in Arkansas, 85% in California, 81% in Louisiana, 86% in
Mississippi, 67% in Missouri, and 54% in Texas.
Tags: U.S. rice market, U.S. rice prices
Oryza U.S. Rough Rice Recap - Prices Hold after
WASDE Reports Slightly Higher US Production
Aug 12, 2014
The U.S. cash market was unchanged today despite the USDA WASDE report showing a slight increase of
300,000 cwts (about 13,607 tons) in US long grain production on account of higher field yields which
increased in the 2014/15 US long grain carry over by the same amount. The USDA also left their average farm
price projection for long grain paddy unchanged from last month at $12.00-$13.00 per cwt (about $265-$287
per ton) fob farm, as was expected.
As of today, offers could still be seen near $13.33 per cwt fob farm (about $294 per ton) while bids held steady
around $12.85-$13.25 per cwt (about $282-$292 per ton) for September-October delivery; however, there was
zero seller interest at these levels today.In the meantime, the USDA estimates that as of August 11, 71% of the


U.S. rice crop had headed which was 3% greater than this time last year and 1% greater than the previous 5-year
average. As of now, the USDA estimates that 65% of the rice crop in Arkansas has headed compared to 60% in
California, 95% in Louisiana, 78% in Mississippi, 66% in Missouri, and 96% in Texas.
The USDA also considers 73% of the U.S. to be in good to excellent condition, which was 2% better than last
week and this time last year, compared to 65% in Arkansas, 85% in California, 81% in Louisiana, 86% in
Mississippi, 67% in Missouri, and 54% in Texas.
Tags: U.S. rice market, U.S. rice prices
Oryza Shares Press Release: Food Security Summit
on Agricultural and Nutrition Challenges and
Solutions in Asia Pacific
Aug 12, 2014

- 08 August 2014: Government representatives, UN agencies, NGOs, development banks and private
sector companies are gathering in October at the 2nd annual AIDF Food Security Summit to discuss the
imminent food security crisis the Asia Pacific region is facing.
As the world
population edged
to 7 billion up
from 2.5 billion in
1950 it has had
profound
implications for
development,
with effects on
sustainability,
urbanisation, and
access to health
services and youth empowerment. Some of the implications of overpopulation include significant food and
water shortages. Despite the economies of Asia and the Pacific far out-growing the average global economic
expansion, over 700 million people in Asia and the Pacific still live in abject poverty (defined as living on less
than $1.25 each day).


Reasons for food insecurity are extremely wide ranging and include rising populations and increased
consumerism, which will naturally turn out in an increasing demand for food. In particular, according to FAO,
the global demand for food is expected to increase by 60% by 2050.
The 2nd annual AIDF Food Security Summit: Asia 2014 is taking place in Jakarta on the 8th and 9th
October 2014. Over 300 regional governments, NGOs, UN and intergovernmental agencies, investors, research
institutes and private sector companies will gather to discuss important issues facing food security in agriculture
and nutrition sectors.
The two day summit is expected to provoke robust debate and frank information sharing and will provide a
platform for the formation of strategic partnerships and collaborations. The aim of the discussions is to lead to
innovative solutions and best practice to tackle the problems surrounding food insecurity in Asia and the
Pacific. Keynote speakers include: H.E. Dr. Harbrinderjit Singh Dillon, Special Envoy to the President of
Indonesia for Poverty Alleviation, Anita Kendrick at World Bank, Katinka Weinberger, Director of CAPSA
at UNESCAP, Dr. Klaus Kraemer, Director of Sight and Life, Prateek Gupta, Director at Helen Keller
International, Dr. Gatot Irianto, Director General of Agriculture Infrastructure and Facility at the Ministry of
Agriculture of Indonesia.
In additional to well-known global experts this summit also offers unique regional insights from food security
experts in Indonesia, including Dr. Suprayoga Hadi, Deputy Minister for the Development for Resources
Development at the Ministry for the Development of Disadvantaged Regions in Indonesia, Dr. Minarto,
President of the Indonesian Nutritionist Association, Dr Elvina Karyadi, Country Director for Indonesias
Micronutrient Initiative and Dr. Ir. Pak Haryono, Director General of Indonesian Agency for Agriculture
Research and Development.
Commenting on the upcoming summit, project director Sonja Ruetzel said, I call for all key industry
stakeholders in Asia Pacific, including the private sector companies, to attend this important and timely event.
Based on the discussions at last years AIDF Food Security summit and continuous research this event aims to
take the debate a step further and really push for change and set a framework for action engaging all actors.
This years event is supported by a wide range of strategic partners including: FMC Agricultural Solutions,
FrieslandCampina, Glanbia Nutritionals, Valmont - Valley Irrigation, Kubota Corporation, Inve
Technologies and also influential supporting partners including AgroPages, CropLife Asia, AsianNGO,
IRIN, Farming First, World Agroforestry Centre, Switch Asia, Oryza and many more.
For more information and registrations visit http://food-security.aidforum.org.
Tags: rice press release, rice news, Food Security summi


Poor Monsoon, Delayed Rice Crop, Inflation
Rough 2014 for India
Aug 12, 2014

Tough times ahead for India, warned the countrys minister for Earth Sciences. Weakest monsoon in five years,
poor agricultural output, delay in rice crop, an impending rise in cooking oil are some of his predictions for the
year ahead.
Minister Jitendra Singh told reporters in New Delhi recently that the poor monsoon - 90 percent of India
received below normal rainfall in June - is likely to accelerate the inflation, which is currently the highest
among Asian countries. Rains, he said, will be less than the 93 percent predicted in June.
However, showers in August and September will be better at 95 percent of the average, Singh added.
Rainfall in northwest India, the main rice and sugarcane growing areas, will be 76 percent of the average. In
2009, rainfall was just 22 percent below normal and that translated to reduction of food-grain output and
doubling up of inflation from the previous year.
Tags: Rice, ricenews, #monsoon, India, bad year, 2014
Rice Price to Shoot up from December in Thailand
Aug 12, 2014
Thai rice eaters, be ready for a rice price hike in December. Under the National Council for Peace and Order
(NCPO)s order, the prices of five-kilogram bags of rice will remain between 80-130 baht per pack (about
$500-800 per ton) only until November end and likely to rise by 5-10 baht per pack (about $32-62 per ton). The
price stability is a result of the NCPOs bid to keep the cost of living low for its citizens.
According to the Thai Rice Packers Association, new rice in the market could fall short of demand leading to a
price rise. A decrease in the production of off-season rice has also added to the price rise.
On the flip side, the good news is that the price of Jasmine rice may decrease as there is adequate supply to
meet the demand. Its price is higher than those of other countries and hence its not really the first choice for
countries that seek to import aromatic rice.
Tags: Rice, rice news, Price, Thailand, increase, december, ncpo, Jasmine rice

13th August, 2013 Daily Global Exclusive ORYZA E-Newsletter by Riceplus Magazine

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

13th August, 2013 Daily Global Exclusive ORYZA E-Newsletter by Riceplus Magazine

Uploaded by

Copyright:

Available Formats

Daily Rice E-Newsletter by Rice Plus Magazine www.ricepluss.

You might also like