Professional Documents
Culture Documents
December 30,2015
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SCOTTSDALE, Arizona, December 30, 2015 /PRNewswire/ -RiceBran Technologies (NASDAQ: RIBT and RIBTW) (the "Company" or "RBT"), a
global leader in the production and marketing of value added products derived from rice
bran, today announced that the Company has entered into a 10 year Exclusive Supply and
Cooperation Agreement covering the North American equine market with Kentucky
Equine Research ("KER"), an international equine nutrition, research, and
Dr.Malik Mohammad
Hashim
Dr.Hasina Gul
Dr.Hidayat Ullah
Dr.Abdul Basir
Zahid Mehmood
PSO,NIFA Peshawar
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Despite a prospect of a lower output this year because of a deficient monsoon, the rice
procurement by Food Corporation of India (FCI) and state government-owned agencies in the
kharif marketing season (2015-16) has seen a sharp increase of more than 31% so far in
comparison to last year.The government agencies have purchased more than 18 million tonne
(MT) of rice equivalent of paddy since October 1 (when new procurement season began) till
Tuesday, compared to 13.76 MT rice purchased from farmers during same period last year.
Food ministry sources told FE that the higher procurement of rice is also attributed to fall in
prices of common variety of rice in various mandis across the country.
The farmers sold grain to government agencies rather than giving it the private traders in Punjab
and Haryana, where procurement operations have completed, an official said. Even basmati
paddy prices is selling in the range of Rs 2,200 to Rs 2,800 per quintal in the mandis across
Punjab and Haryana, while two years back the prices were around Rs 4,000 per quintal.
According to the latest data, of the total rice equivalent of paddy procurement in Punjab, the
agencies have purchased 9.3 MT of rice from the farmers till now, thus surpassing even the
target of 8.8 MT for the 201516 marketing season. In Punjab, which contributes the highest
volume of rice and wheat to the central pool, 7.7 MT of rice was purchased during same period
last year. In Haryana, state government agencies have purchased more than 2.8 MT of rice
equivalent of paddy by now, thus surpassing the target of 2.3 MT set for the year. Other states
which have commenced rice procurement include Uttar Pradesh (7.6 lakh tonne), Telangana (8.3
lakh tonne), Kerala (1.08 lakh tonne), among others. Even in Chhattisgarh, where the state
government carries out the purchase of paddy from farmers, state agencies have purchased 1.7
MT of rice while in Odisha, more than 4 lakh tonne has been purchased till now.
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Food ministry officials say that if the current trend continues, the overall rice procurement during
the 201516 period would surpass the target of 30 MT. The agencies had purchased 32 MT of
rice till in this period in the 2014-15 marketing year (October-September). Agencies buy paddy
from the farmers, then the grain is given to millers for conversion into rice. The Cabinet
Committee on Economic Affairs (CCEA) in June had increased the minimum support price
(MSP) of the common variety of paddy by R50 to R1,410 per quintal for the 2015-16 kharif
season. The hike in MSP was in line with the recommendation of the Commission for
Agricultural Costs and Prices (CACP).Meanwhile, the food ministry has asked agencies in the
decentralised procurement states Madhya Pradesh, Chhattisgarh and Odisha, and other nontraditional states Bihar and Jharkhand to maximise the procurement of rice and coarse grains
during next marketing season.
First Published on December 30, 2015 12:08 am
yonngong@yna.co.kr
http://english.yonhapnews.co.kr/business/2015/12/30/0501000000AEN20151230004600320.html
Cambodian rice millers and exporters are increasingly eyeing the export of organic rice to the
European Union and the United States, after shipments of this niche product increased this
year.Hean Vanhan, deputy general director of the general department of agriculture, said that
organic rice exports were considerably small compared to export of other varieties of rice, with
the Kingdom exporting only 2,800 tonnes for the first 11 months of the year. Exports for the
more popular varieties of rice was close to 457,000 tonnes this year.We cannot put much focus
on organic rice because the yield of organic paddy is lower than normal rice, he said. And only
farming organic rice will not give farmers much income.
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A farmer harvests rice at a farm in Battambang province earlier this year. Heng Chivoan
Cambodia has land and labour resources to grow organic rice, he said, adding that his firm
would look to increase shipments to 3,000 tonnes next year.He added that given the price of such
rice was higher, almost $700 to $1,300 per tonne, farmers could see higher margins on these
sales, around 20 to 30 per cent.Amru Rice is currently sourcing its rice from the Preah Vihear
district, after signing a deal with eight farmer cooperatives in the province to purchase 2,500
tonnes of organic fragrant paddy rice.
As consumer and buyer confidence in Cambodias organic rice grew, Yang Phirom, a business
adviser with the Cambodian Center for Study and Development in Agriculture, said exports had
increased by 270 tonnes this year to 746 tonnes.Consumers now trust the quality of our organic
rice, which means that demand is increasing, he said. Not only in the international market, but
also in the domestic market too.While the domestic market accounted for 26 per cent of
CEDACs rice sales so far this year, 34 per cent went to the US, 15 per cent to the Netherlands
and 11 per cent to France.
Contact author: Cheng Sokhorng
http://www.phnompenhpost.com/business/shipments-organic-rice-picking-steam
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Futures:
High
Low
Last
Change
1101.0
1166.5
+60.5
1123.5
1193.5
+61.0
1159.0
1222.0
+60.5
1237.0
1249.5
+61.0
1200.0
1237.5
+51.5
Nov '16
1240.0
+52.0
Jan '17
1240.0
+52.0
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Rice Comment
Rice prices surged higher as prices broke though resistance near $11.50, and are poised to test
resistance near $12. Today's technical rally will need some some fundamental support for prices
to continue this rally.
http://www.arfb.com/ag-markets-statistics/report/
KIEV: Since the beginning of the current season Ukraine has imported 21.7 KMT of rice. This is
19% less than during the same time period last year (26.8 KMT).This trend was triggered by
increasing rice production in Ukraine in the 2015/16 season due to expansion of the planted area.
In 2015 gross crop of rice was 34% higher than last year (58.9 KMT compared with 43.9 KMT
in 2014).India and Pakistan still remain the major suppliers of rice to Ukraine. In July-November
of the 2015/16 season their share in the total imports of rice to Ukraine equaled 72.5%.
http://www.customstoday.com.pk/ukraine-decreases-imports-of-rice-in-201516-season/
Sohel Parvez
Paddy prices have increased at the growers' end as rice imports slumped owing to a duty hike
earlier this month."Both demand and prices rose in recent weeks. It allowed me to earn more
than what I used to get a month ago," said Mohammad Mokhlesur, a farmer at Adamdighi in
Bogra.He sold 50 maunds of swarna paddy, a relatively slimmer or medium variety of rice
compared to the hybrid or coarse ones, at Tk 625 a maund, up from around Tk 600 a month ago.
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
Thai rice exports were down about 10% by volume and value year-on-year in the first 11 months
of 2015. (Photo by Pattanapong Hirunard)
Thai rice exports to the end of November this year were down 9.6% year-on-year to 8.6 million
tonnes and the value down by 10.2% to US$4.1 billion, the Thai Rice Exporters Association
said.The association expected Thailand would export about 1 million tonnes of rice in December,
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
4875
4375
3625
2867
2559
1900
843
691
506
Apricots
Sultanas
White Sugar
Source:agra-net
Market Watch
Commodity-wise, Market-wise Daily Price on 29-12-2015
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Market Center
Variety
Min Price
Max Price
Manjeri (Kerala)
Other
2800
3800
Solapur (Maharashtra)
Other
2125
5150
Fine
2790
2820
Bangalore (Karnataka)
Local
2600
3200
Dahod (Gujarat)
Lokwan
1700
1860
Other
1650
1670
Aroor (Kerala)
Other
2400
2600
Barnala (Punjab)
Other
700
1000
Other
2000
2500
Barnala (Punjab)
Other
1100
1300
Jatni(Orissa)
Other
1400
1800
Vasai (Maharashtra)
Other
1000
1800
Rice
Wheat
Papaya
Onion
Source:agmarknet.nic.in
Egg
Rs per 100 No
Price on 28-12-2015
Product
Market Center
Price
Ahmedabad
444
Chittoor
421
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Nagapur
400
Source: e2necc.com
Price on 28-12-2015
Product
Market Center
Origin
Variety
Low
Onions Dry
High
Package: 40 lb cartons
Atlanta
Peru
Yellow
24
26
Chicago
Washington
Yellow
25
25
Dallas
California
Yellow
20
20
Cucumbers
Atlanta
Mexico
Long Seedless
14.50
14.50
Chicago
Canada
Long Seedless
19.50
19.50
Dallas
California
Long Seedless
14.50
15.50
Grapefruit
Atlanta
Florida
Red
21
23.50
Chicago
Florida
Red
19.50
23
Miami
Florida
Red
25
56
Source:USDA
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