27th January ,2016 Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine

8/20/2019 27th January ,2016 Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine

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Daily Exclusive ORYZA Rice E-Newsletter

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www.ricepluss.com www.riceplusmagazine.blogspot.com

January 27,2016Vol 6,Issu


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Japan Plans to Integrate Agriculture andIndustry to Protect Farmers, Businesses

under TPPJan 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 localsources.

Under the proposed plan, the government will encourage farmers to industrialize their farmingactivities and turn their farms into businesses, according to the Economy Minister. “They willneed 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 informationtechnology. He also noted that the government would support the farmers in implementing thenew measures. “We will be targeting the autumn of next year for finalizing the concretesubstance of our policy,” he added.

Under the TCPP deal, the government is reportedly planning to shift its agricultural policy fromdefensively 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 ofdomestic 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 HealthRisks Associated with Rice Consumption, SayExpertsJan 26, 2016

Several studies found that rice contains residues of arsenic and when consumed, these arsenicresidues could cause gastrointestinal problems, muscle cramping and lesions on the hands andfeet.

Andy Meharg, a professor of plant and soil sciences at Britain's Queen's University in Belfastfound that cooking rice in a coffee percolator could reduce the effects of arsenic on humanhealth. He noted that cooking rice in a percolator with 12:1 ratio of water and rice could reduce


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the effects of arsenic by about 57%. Sometimes, the arsenic effects could be reduced by up to85%, he said.

"Cooking rice, essentially boiling it in a pan until it soaks up all the liquid, binds into place anyarsenic 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 andeating a balanced diet, however, can minimize health issues associated with long-term arsenicconsumption.

Government of Cameroon ReinstatesCustoms Duty on Rice ImportsJan 26, 2016

The government of Cameroon has reinstated the 5% customs duty on rice imports under the 2016Finance Act, according to local sources.

Amid concerns of increasing rice prices following the reinstating of the customs tax, the TradeMinister 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 alsokeen on increasing local rice production to avoid unnecessary price hikes and re-export ofimported rice.

The Cameroonian Parliament removed the tax in March 2008 after prices increased considerablyfollowing a hunger strike in February 2008. However, the move is said to have resulted in ricesmuggling between Cameroon and Nigeria.

Cameroon produces less than half of the rice needed for annual consumption of around 450,000tons, according to the local sources.

However, the USDA estimates Cameroon to produce about 128,000 tons of rice and importabout 530,000 tons to meet an annual demand of around 658,000 tons.


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Global Rice QuotesJanuary 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 ↔


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The Brazilian paddy rice index maintained by the Center for Advanced Studies on AppliedEconomics (CEPEA) reached around 41.94 real per 50 kilograms as of January 25, 2016, upabout 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, upabout 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 kilogramsrecorded month ago. In terms of USD, the index declined about 3.34% during the month.

Asia Rice Quotes Unchanged TodayJan 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 onVietnam 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 perton.

25% Broken Rice

Thailand 25% rice is indicated at around $350 - $360 per ton, about $10 per ton premium oVietnam 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 isindicated at around $345 - $355 per ton, about $60 per ton discount to Pakistan parboiled ricelast 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 - $300per ton

Oryza U.S. Rough Rice Recap - Prices FirmSlightly as Farmers Continue to Hold OutJan 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 NOLAwith zero luck today.

Thailand Exports 9.8 Million Tons of Rice in2015, 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 around10.97 million tons exported in 2014, Bloomberg quoted a statement from the Thai CommerceMinistry.

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, Thairice 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 GainsJan 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; Soybeansclosed 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 ofthe 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 tocut supply alongside its members. The Federal Open Market Committee kicks off its two-daymeeting 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 theeconomic environment and the future path of tightening. In economic news, the flash MarkitServices PMI for January came in at 53.7, versus the final 54.3 December print. Consumerconfidence 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 lowestsince late 2014. The Nikkei 225 lost 2.35%. The Shanghai index had its worst day since thesuspension of the circuit breaker rule in early January. Traders noted a variety of factors behindthe sharp decline in Chinese equities, including renewed concerns about capital outflows anddisappointment with central bank action thus far. In afternoon trade, the Dow Jones industrialaverage gained 275 points, or 1.73%, to 16,160. The S&P 500 added 27 points, or 1.43%, to


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1,903, with energy leading all 10 sectors higher. The Nasdaq composite added 59 points, or1.32%, 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 andSustainable Rice Cultivation

Italy's Ente Nazionale Risi (ENR), the National Agency for Rice, will organize a technicalmeeting 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, CRA-SCS (Council for Agricultural Research and Analysis of the Agrarian Economy), Assosementi(National Association of Seed Breeders) and Asseme (Association of Mediterranean SeedBreeders).

It will begin at 9.30 A.M. at ENR's Research Center in Castello d'Agogna, in Pavia province andis 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 theUniversity of Milan and Turin will show the opportunity for a more competitive and sustainablecultivation in the Italian rice growing area. They will also show the farmers the data of theofficial seed certification by the CREA-SCS (former ENSE, National Chosen Seed Agency). Thesession will close with the awarding ceremony of the National Competition for rice seedgrowers.

The afternoon session will focus on studying issues related to the capital formation and thevariety 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,' theresults of the seed dressing process, as well as the spread of illegal practices of using non-

certified seed.


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27th January ,2016 Daily Exclusive ORYZA Rice E-Newsletter by Riceplus Magazine