11th december,2013 oryza news shared by riceplus magazine

11th December , 2013

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TOP Contents - Tailored for YOU
Latest News Headlines…
Rice - Food for the Body and Soul
WTO Allows Developing Countries to Continue Food Security Programs Up to 2017
India Promotes Organic Rice Farming
Oryza U.S. Rough Rice Recap – WASDE Report Leaves Market Little Changed
Uncertainty over U.S. Farm Bill Keeps Rice Industry Hanging in the Balance
Oryza Rice Currency Analysis for Today – Brazil Real Up 0.5%
Oryza Afternoon Recap – Chicago Rough Rice Futures Show Little Reaction to Latest WASDE Update
while Wheat Gets Hammered by Increased Carryout
Vietnam Rice Prices High Due to Export Demand, FAO Says
Philippines Rice Retail Prices Increase Ahead of Christmas Season
Thailand Rice Mortgage Program to Continue Despite Dissolution of Parliament
Oryza Overnight Recap – Chicago Rough Rice Futures Slightly Lower Overnight Ahead of USDA WASDE
Update Due Out Today
Brazilian Paddy Rice Index Increases 1% Last Week
Vietnam, Pakistan Rice Sellers Lower Some of Their Quotes Today
Oryza Quick Glance at World News
Oryza Global Rice Quotes

NEWS DETAILS:

Rice - Food for the Body and Soul
Dec 10, 2013

Rice is a simple grain, yet its impact on human kind profound - feeding billions of people over thousands of
years, the foundation for ancient civilizations, and the backbone of daily life for many today. It’s no surprise
that artists use rice paddies as both an inspiration and medium for artistic expression and exploration. Japanese

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artist Setsu Suzuki has created an art installation boasting hundreds of red poles adorned with bright yellow
masks in the rice fields in Ubud, Bali.
The poles are arranged in concentric
circles and symmetrical lines, mimicking
the flow of the wind through the fields.
The installation is part of Suzuki’s
ongoing Taue Project, and this is
Suzuki’s seventh rice-field installation in
as many years, with previous projects
taking place in Bangladesh, India, and
Japan.The rice fields provide an apt
location for Suzuki’s exploration of the
question ―What is sculpture?‖ This
question has been driving his artwork for
years, and he uses it as a starting point to
probe the ―relationships between reality
and art, art and the earth, and the earth
and human beings,‖ according to
artnewsviews.com. Over the last seven
years, Suzuki has created thousands of
these mask-topped poles, called rakan, each of which represents these relationships and the connections
between people and rice.Suzuki is on a self-appointed mission to create original Japanese sculpture, artwork
that is not heavily influenced by the West but instead illuminates a true connection. The rice fields are a perfect
spot for Suzuki to develop this art. He calls the rice field ―a spiritual environment, one that is intimately
connected to the body,‖ noting that ―for most Asians, the body is made from rice.‖ For Suzuki, art is all about
the spiritual connection, and he works hard to make that clear in each project he does.
The installation opened on November 18, a sacred day for Balinese Hindus because of the full moon, which cast
an illuminating glow on the fields below.His next installation is scheduled for the Himalayan rice fields in
Nepal and will give Suzuki a chance to physically connect with the Buddhist philosophy that he says guides his
work.
Tags: rice paddies, rice art, Taue Project, Setsu Suzuki

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WTO Allows Developing Countries to Continue Food Security Programs Up to 2017
Dec 10, 2013

The 159 member countries of the World Trade Organization (WTO) have almost finalized the ―Bali Package‖
to reform global trade after last-minute negotiations ensured developing countries could continue various food
programs and exporters agreed to reduce export subsidies in agriculture.The ―Bali Package‖ is considered as the
first major agreement among WTO members since it was formed in 1995. The legally binding agreement aims
to facilitate reforms to make global trade easier; faster and cheaper; provide clarity, efficiency and transparency;
reduce bureaucracy and corruption, and use technological advances, the WTO says. The agreement also has
provisions for transport of goods to landlocked countries seeking to trade through ports in neighboring
countries. It is estimated that global economy would grow between $400 billion and $1 trillion because of the
Bali Package which is likely to be adopted by July 31, 2014.
However, the draft agreement was reached after negotiations over food subsidies in countries like India. The
current WTO’s ―Amber Box‖ domestic support allows governments to support agriculture produce up to 10%
of annual production but this kind of support is considered in WTO as trade distorting. Developing countries

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say that it is difficult to stay within the limit and want food support programs to be placed under a ―Green Box‖
without any food stockholding limits and not be considered as trade distorting.Under an interim solution
proposed by WTO, members agreed to temporarily refrain from lodging a legal complaint if a developing
country exceeded its Amber Box limits as a result of stockholding for food security. This proposal would
protect developing countries for up to four years and is likely to be accepted by most developing countries
including India. ―Work on finding a longer term solution would continue after the ministerial conference.
Countries using these policies would provide up-to-date data and other information on what was involved, so
that other countries could see what was happening,‖ WTO says.
Tags:
World Trade Organization (WTO), Bali Package

India Promotes Organic Rice Farming
Dec 10, 2013

Organic farming of rice and other food products is gaining popularity in India driven by demand in cities.
According to the government, total area under organic farming was 42,000 hectares in 2004-05, which grew to
around 1.08 million hectares in 2010, a growth of around 157% in six years.According to local sources, the
organic food market is growing rapidly in Indian cities mainly due to health benefits. According to trade
estimates, the Indian organic food industry is likely to grow to around $1.7 billion by 2017, up about 900%
from around $190 million in 2011. Rice is the second largest crop (after cotton) under organic farming in India.
Demand for organic rice is growing in most parts of India and exporters are increasingly adding organic rice to
their product range.Nine states (of the total 28) have drafted organic farming policies and four states
(Uttarakhand, Sikkim, Nagaland, Mizoram) plan to achieve 100% organic cultivation in the coming years. The
government says it supports organic farming to prevent soil deterioration due to use of chemical fertilizers.The
Indian government is providing cash subsidies and financial assistance to bio-fertilizer and bio-pesticide
production companies to encourage organic farming in the country. The Minister of State for Agriculture and
Food Processing Industries says that the government is providing Rs. 500 (about $8) per hectare to farmers to
promote use of organic manure. The government also provides assistance of up to 25% and 33% of financial
outlay up to a ceiling of Rs. 40 lakhs (about $65,650) and Rs. 60 lakhs (about $98,500) respectively for the
establishment of bio-pesticides/bio-fertilizers production units and agro waste compost production units
respectively.
Tags: India organic rice farming

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Oryza U.S. Rough Rice Recap – WASDE Report Leaves Market Little Changed
Dec 10, 2013

The U.S. cash market was little changed today after the USDA WASDE report showed only a slight reduction
in their projected long grain ending stocks which was the result of a 1 million cwt decrease in long grain
imports. Offers were could still be found today around $15.65-$16.66 per fob farm (about $345-$367 per ton),
depending on where they are located in the U.S. mid-South, for December through January shipment.Bids from
larger mills held steady near $15.00 per cwt (about $331 per ton) while bids from exporters were firm
around $15.25 per cwt (about $336 per ton), both for December through January delivery, however there was
no selling interest at these levels.
Tags: U.S. rice market, U.S. rice prices

Uncertainty over U.S. Farm Bill Keeps Rice Industry Hanging in the Balance
Dec 10, 2013

The next U.S. Farm Bill remains up in the air and no resolution is expected before January. Depending on how
the legislation shapes up will in turn affect which crops farmers will plant, including rice.The USA Rice
Federation, along with the National Cotton Council and the Southern Peanut Farmers Federation have urged the
federal government to find a new resolution rather than extend the current farm bill. Without the certainty of a
new farm bill, farmers will be unable to forecast their business plan for the future, make long term investments,
and secure capital, the organizations say. Since any extension would be temporary, making long-term
investment difficult for producers.
The Senate’s version of farmer protection isn’t actually that different from the House version. The Senate bill
allows producers to choose between Agriculture Risk Coverage (ARC) and the Adverse Market Payments
(AMP) program. ARC pays out based on a county’s revenue loss or an individual farm’s revenue loss, and
AMP pays out when market prices drop below 55% of historical prices.The House bill allows producers to
choose between Revenue Loss Coverage (RLC) and Price Loss Coverage (PLC). RLC pays out on losses on
15% to 25% of a county’s benchmark revenue, a number calculated based on historical yields and fixed or
historical prices. PLC pays out when prices are below the reference price during the first five months of the
crop year.One difference is whether more subsidies will go to revenue insurance programs (as the Senate
favors) or yield insurance programs (as the House favors).
While most farmers will likely purchase a combination of several different types of protection programs, rice
farmers tend to favor yield insurance over revenue insurance, since rice prices are not as volatile as corn and
soybean prices, which fluctuate based on a variety of economic and political factors such as energy prices and
feed prices. With rice used mostly by consumers, and consumer demand doesn’t fluctuate as much as demand
from feed animals (which vary in population size from year to year), it is unlikely that rice prices would drop
significantly enough for revenue protection programs to pay out, and these revenue protection programs are

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more expensive for the farmer and the taxpayer both – about twice as expensive as yield protection programs,
according to one source.
The revenue protection plan is also more heavily subsidized. The Environmental Working Group gives the
following example: a farmer gets yield protection insurance at the cost of $29 per acre and the federal
government pays $14 of that, leaving the farmer to pay only $15. If the same farmer gets revenue protection
insurance, which costs $56 per acre, the farmer will pay $29 and the government will pay $27. It’s not so much
that rice farmers would be directly hurt by the Senate version of the bill; but rather, the House version seems to
be more accurately tailored to their needs.Another problem concerning these groups is the trade relationship
with Brazil. If new legislation is not passed, U.S. exporters fear that Brazil will make good on its threats
regarding a trade dispute. This consequence may not affect rice to the extent that it will affect other crops, but
it’s still worth watching closely to see how Brazil reacts.One thing the debates over the farm bill do seem to be
accomplishing is dividing the agriculture industry. The sugar industry has already made efforts to separate
itself from the current legislation, and some critics argue that the corn and soybean associations are dominating
the lobby at the expense of smaller industries, like rice.
This division is detrimental to all agricultural groups, and might be one of the most significant casualties of the
drawn-out debates about the bill, according to industry experts.If the current bill isn’t extended and a new one
isn’t approved soon, the farm bill will revert back to 1949 law which doesn’t support farmers with direct
subsidies but does provide a minimum price. This means legislation could provide some very basic support for
rice prices, and prices of other crops, but may discourage investment in agriculture including rice.
Tags: U.S. Farm Bill, U.S. rice production, U.S. rice market, U.S. rice prices

Oryza Rice Currency Analysis for Today – Brazil Real Up 0.5%
Dec 10, 2013

U.S. dollar index was down -0.22% from the open today, when it traded at 79.960 at the close.
Euro was stronger +0.18% today by the close, trading around 1.3763 by end of day, after trading between an
intraday high of 1.3795 and low of 1.3734. The euro rallied today as finance ministers in Europe met to discuss
a resolution to deal with failed banks on the continent.
Thai baht was stronger +0.19%, trading at 32.070 at the close of business.
Indian rupee was +0.16% stronger, trading at 61.0375.
Brazilian real was +0.48% stronger than the open at today’s close, when it ended at 2.3067 reais per dollar.
Pakistan rupee was +0.41% stronger at 107.7667.

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Vietnamese dong was unchanged at 21120.
Mexican peso was -0.04% weaker today, when it traded at 12.8612 pesos per dollar by the close of business
today.
Chinese yuan was +0.02% stronger at 6.0712.
Argentine peso was -0.23% weaker at 6.2633 pesos per dollar.
Tags: foreign exchange rates

Oryza Afternoon Recap – Chicago Rough Rice Futures Show Little Reaction to
Latest WASDE Update while Wheat Gets Hammered by Increased Carryout
Dec 10, 2013

Chicago rough rice futures for January delivery settled 5 cents per cwt (about $1 per ton) higher at $15.560 per
cwt (about $343 per ton). Rough rice futures mounted a last minute recovery to close slightly higher on the day.
Trade volume was muted this morning ahead of the noon eastern release of the latest USDA S&D update, and
prices were unchanged going into the release of the report. Today’s update was seen as a ―non-event‖ as the
USDA made only minor changes to Supply which resulted in a slight reduction in carry-over.
Traders showed little interest in today’s report which left today’s market action to be dominated by spread
activity as shorts look to roll their positions forward. The other grains closed lower today; soybeans finished the
day about 0.4% lower at $13.3825 per bushel; wheat finished about 1.8% lower at $6.3975 per bushel; and corn
finished the day about 0.5% lower at $4.3600 per bushel.U.S. stocks fell on Tuesday, with the S&P 500
retreating from a record close, as investors considered the timing of reduced monetary stimulus from the
Federal Reserve and monitored budget negotiations on Capitol Hill.
The Dow Jones Industrial Average fell, with two-thirds of its 30 components in the red. The S&P 500 also slid,
with consumer staples and utilities the worst performing of its 10 major sectors. After wavering between small
gains and losses, the Nasdaq declined. The market offered muted reaction to data from the Labor Department's
Bureau of Labor Statistics, which reported job openings in October rose to 3.93 million, up slightly from the
month before. The report is said to be a favorite of Janet Yellen, nominated to chair the Fed when Ben
Bernanke's term expires next month. The Fed will also be awaiting the results of budget negotiations, as
lawmakers have until Friday to reach an agreement to reduce automatic spending cuts and halt a three-year
streak of failed fiscal discussions.
U.S. stock markets are currently trading down about 0.2%, gold is trading about 2.3% higher, crude oil is seen
trading about 1% higher, and the U.S. dollar is seen trading about 0.3% lower at about 2:00pm Chicago
time.Looking to the daily continuation chart of Chicago rough rice futures for January delivery, prices bounced
off of nearby support noted yesterday at $15.500 per cwt (about $342 per ton) a level that holds both

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psychological and technical importance. The 50-day moving average is currently noted at this level, a fact that
likely provided support to today’s late session bounce. Traders are keeping a close eye on this level and indicate
that a close below would trigger additional technical selling. On the other hand some market participants point
to the markets inability to continue the recent trend of putting in place consecutively lower lows as an indication
that the market could be in for a further bounce tomorrow. Today’s trading range is noted as $15.480-$15.585
per cwt (about $341-$344 per ton).Monday, there were 498 contracts traded, down from 843 contracts traded on
Friday. Open interest – the number of contracts outstanding – on Monday decreased by 140 contracts to 8,478.
USDA

WASDE

Recap

• All rice imports are lowered 1 million cwt, equivalent to about 45,000 tons (all in long grain), to 21 million
cwt (about 950,000 tons) based on U.S. Census Bureau data through Oct and expectations for the remainder of
the
marketing
year.
• U.S. 2013-14 beginning stocks and production are unchanged from a month ago.
• U.S. 2013-14 rice total use is unchanged from last month—with domestic and residual use and exports
forecast at 116 million cwt (about 5.3 million tons) and 100 million cwt (about 4.5 million tons), respectively.
• All rice ending stocks at 30.2 million cwt (about 1.4 million tons) are down 3% from a month ago.
• The 2013-14 long-grain rice season-average farm price range is projected at $14.80 to $15.80/cwt (about
$326-348 per ton), up $0.30 per cwt (about $6.60 per ton) on each end of the range from last month.
• Global total supplies of rice for 2013/14 are lowered more than the decrease in total use resulting in a drop in
world
ending
stocks.
• Global rice consumption for 2013/14 is forecast at a record 472.9 million tons, down 200,000 tons from last
month
due
mostly
to
a
decrease
in
India.
•Global 2013/14 exports are increased due to an increase of 500,000 tons for Thailand, now forecast at 8.5
million
tons.
• World ending stocks for 2013/14 are projected at 104.3 million tons, down 2.2 million tons from last month,
and a decrease of 2.3 million tons from the year earlier.
Tags: chicago rough rice futures, U.S. rice prices, U.S. rice market

Dec 10, 2013

Domestic rice prices in most Asian countries declined in November 2013 due to the beginning of main season
harvests, which caused the FAO All Rice Price Index to decline by one point to 223 points. However, Vietnam
rice prices have increased in the month supported by strong export demand, according to the FAO.The ongoing
harvest of the minor 10th Month crop in Vietnam has little impact on prices which strengthened in November
2013. FAO says that export commitment of 500,000 tons of 25% broken white rice to the Philippines, and sales
to China supported prices. Moreover, Typhoon Wutip, which hit Vietnam on October 1, 2013, disrupted
supplies and helped push prices higher, the FAO says.

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According to the FAO, wholesale prices of 25% broken rice in Vietnam stood at around VND 7,375 per
kilogram (about $350 per ton) in November 2013, up about 3% from the previous month. However, rice prices
are still about 10% below their levels a year earlier in November 2012, the FAO says.
Tags: Vietnam rice prices

Philippines Rice Retail Prices Increase Ahead of Christmas Season
Dec 10, 2013

While prices of major food items remain under check in the aftermath of Typhoon Haiyan in the Philippines,
rice prices have increased around 3% - 11% in the last week, according to the Bureau of Agricultural Statistics
(BAS).―Basic food items like cooking oil, sugar, meat and poultry products were sold at old prices as supply
amply filled market demand,‖ the BAS says. However, rice retail prices continue to increase.
Average price of regular milled rice (RMR) in the metropolitan areas stand at around P36 per kilogram (about
$818 per ton) this week, up about 3% from around P35 per kilogram (about $795 per ton) recorded in the
previous week. Prices of special or fancy rice are up about 11% from P45 per kilogram (about $1,022 per ton)
to about P50 per kilogram (about $1,136 per ton) in the same period. Prices of well milled and premium rice
have not changed, according to the BAS.According to the Department of Agriculture (DA), Typhoon Haiyan
hasn’t affected rice production significantly, and food donations and approved imports of around 500,000 tons
are likely to improve rice supplies in the country soon. However, the government has not announced the
government rice import tender results officially and it is doubtful whether rice imports will reach local retail
markets before the Christmas season.
Tags: Philippines rice prices

Thailand Rice Mortgage Program to Continue Despite Dissolution of Parliament
Dec 10, 2013

Thailand’s Election Commission has allowed the cabinet to continue the government rice mortgage program
despite the dissolution of the Parliament yesterday. However, the official sources say that the second round of
the rice mortgage program may be reviewed by the new cabinet in February 2014.The first round of the 201314 rice mortgage program (which began October 2013) will end in February 2014.
The government is buying white paddy rice from farmers at 15,000 baht (about $467) per ton since October 1,
2013 and planned to buy white paddy rice at 13,000 baht (about $405) per ton in the second round.The
Director-General of the Internal Trade Department says that the Bank for Agriculture and Agricultural
Cooperatives (BAAC) will implement the program and delayed payments are likely to be made by mid-

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January.The Thai Prime Minister dissolved the Parliament yesterday due to massive protests against the
government running up to several weeks. Elections are expected to take place on February 2, 2014.
Read related Oryza story:
Thailand Rice Mortgage Program Under Examination as Anti-Government Protests Peak
Tags: Thailand rice mortgage program, Bank for Agriculture and Agricultural Cooperatives

Oryza Overnight Recap – Chicago Rough Rice Futures Slightly Lower Overnight
Ahead of USDA WASDE Update Due Out Today
Dec 10, 2013

Chicago rough rice futures for January delivery are currently paused 2 cent per cwt (about $0.44 per ton) lower
at $15.490 per cwt (about $341 per ton) as of 8:00am Chicago time. The other grains are seen mixed this
morning ahead of floor trading in Chicago: soybeans are currently seen about 0.1% lower, wheat is seen about
0.5% lower, and corn is paused about 0.5% lower.U.S. stock index futures pointed to a flat open on Tuesday,
ahead of the publication of the JOLTS jobs openings report. The report from the Bureau of Labor Statistics
looks at openings in October, and will be out at 10 a.m. ET. It has been highlighted by upcoming Federal
Reserve Chairman Janet Yellen as an important supplement to the more traditional labor market indicators.
The report follows last Friday's better-than-expected nonfarm payrolls number for November, which was
nonetheless viewed as insufficiently strong to incite the Fed to start tapering its massive bond purchases before
the New Year. U.S. small business optimism and wholesale inventories are the other major data releases due
Tuesday, as well as the federal budget for November. Outside of the U.S., data released on Tuesday showed
Chinese retail sales in November beat market estimates, while industrial output matched expectations. The data
follows stronger-than-expected trade figures released at the weekend, and confirmed hopes that the world's
second-largest economy can sustain its upward trend. U.S. stock index futures are currently trading about 0.3%
lower, gold is currently trading about 2%higher, crude oil is seen trading about 1.2% higher, and the U.S. dollar
is currently trading about 0.2% lower at 8:00am Chicago time.
Tags: chicago rough rice futures

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Brazilian Paddy Rice Index Increases 1% Last Week
Dec 10, 2013

The Brazilian paddy rice index maintained by CEPEA increased last week, reaching around 35.55 real per 50
kilograms on December 9, 2013, up about 1% compared to around 35.09 real per 50 kilograms recorded on
December 2, 2013. In terms of USD per ton, the index stood at around $305.4 per ton on December 9, 2013, up
about 2% compared to around $299.4 per ton on December 2, 2013.
Tags: Brazil CEPEA rice price index

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Vietnam, Pakistan Rice Sellers Lower Some of Their Quotes Today
Dec 10, 2013

Vietnam rice sellers lowered some of their quotes by about $5 - $10 per ton today. Pakistan rice sellers lowered
some of their quotes by about $5 per ton. Thailand and India rice sellers kept their quotes unchanged.
5% Broken Rice
Thai 5% rice is quoted around $390 - $400 per ton, about a $30 per ton discount to Viet 5% rice shown around
$420 - $430 per ton, down about $5 per ton from yesterday.
Indian 5% rice is quoted around $415 - $425 per ton, about a $35 per ton premium over Pak 5% rice quoted
around $380 - $390 per ton, down about $5 per ton from yesterday.
25% Broken Rice
Thai 25% rice is quoted about $365 - $375 per ton, and about a $30 per ton discount to Viet 25% rice shown
Indian 25% rice is quoted about $375 - $385 per ton, about a $35 per ton premium over Pak 25% rice quoted
Parboiled Rice
Thai parboiled rice is quoted around $455 - $465 per ton.
Indian parboiled rice is quoted around $395 - $405 per ton, about a $35 per ton discount to Pak parboiled rice
last quoted around $430 - $440 per ton.
100% Broken Rice
Thai broken rice, A1 Super, is quoted around $330 - $340 per ton, about a $35 per ton discount to Viet broken
rice shown around $365 - $375 per ton, down about $10 per ton from yesterday.
Indian broken sortexed rice is quoted about $315 - $325 per ton, about a $5 per ton discount to Pak broken
sortexed rice quoted around $320 - $330 per ton, down about $5 per ton from yesterday.
Tags: Asia rice quotes, India rice quotes, Pakistan rice quotes, Thailand rice quotes, Vietnam rice quotes

Oryza Quick Glance at World News
Dec 10, 2013

Financial Times –
*Foreign banks in China have warned that they will suffer severe ―collateral damage‖ from new rules aimed at
limiting off-balance sheet lending by domestic banks. Beijing has drafted regulations to restrict interbank loans
after financial institutions used them to circumvent government-imposed credit controls.
*The U.S. government on Monday drew a line under one of the most complex rescues of the global financial
crisis, when it announced it had sold the last of its stake in General Motors, the country’s biggest carmaker by
sales.
*The U.S. has reached an important milestone in its recovery from the financial crisis after the first rise in
outstanding mortgage debt since the beginning of 2008. After reducing debt for 21 consecutive quarters, U.S.

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households increased their net mortgage liabilities at an annualized rate of 0.9% in the third quarter of 2013,
according to new data from the U.S. Federal Reserve.
*Europe is on the brink of a banking union deal that will bring a ―real revolution‖ to its financial system,
France’s finance minister predicted, as he signaled differences with Germany on a system to fund failed banks
were narrowing.
*Nicolás Maduro, the Venezuelan president, has pledged to continue his ―economic offensive‖ against private
business after the victory of his ruling PSUV in Sunday’s local elections strengthened his hand. However,
despite his rhetoric, analysts said the result could give him enough political muscle to undertake less populist
measures such as devaluation.
*Vladimir Putin has dissolved state-run news agency RIA Novosti, ordering its assets to be handed over to a
new international news service run by one of Russia’s most conservative TV pundits.
*Portugal plans to raise funds in debt markets early in 2014 to meet funding requirements for the year, before
building a financial cushion for after the country exits from its international bailout programme.
*Iron ore rose $0.20 to $139.40 a tons after the Chinese government said it had imported a record 77.84 million
tons in November, up nearly 18% on the same month a year ago. Iron ore, the main commodity used in
steelmaking, is seen as a proxy for industrial activity and construction in China, which imports more than half
of the world’s seaborne trade.
Wall Street Journal*American and Israeli officials have begun lobbying Germany to make its overall policy on art restitution faster
and more transparent—broadening the focus beyond the recent, high-profile case of 1,400 works found in a
Munich apartment to include collections in German museums as well.
*Ukraine's opposition rejected the government's call for talks to resolve the political crisis here, as police
clashed with protesters and were accused of raiding the main opposition party's headquarters.
*NASA's Curiosity rover has uncovered signs of an ancient freshwater lake on Mars that may have teamed with
tiny organisms for tens of millions of years, far longer than scientists had imagined, new research suggests.
*European finance ministers were closing in on a new system for winding down sick banks, in which the failure
of a lender could be partly financed by banks from other countries, two European officials said Monday.
*Britain's parliament postponed its scheduled business Monday to hold a session for lawmakers to pay tribute to
Nelson Mandela, the first time the honor has been afforded to a leader of another country.
*Israel, Jordan, and the Palestinian Authority signed a water-supply agreement to slake rising cross-border
demand, a rare step toward economic integration despite persistent political rancor holding up progress on a
Middle East peace accord.
*North Korea's highest-profile leadership purge since Kim Jong Un took power is viewed by outside observers
as a move to consolidate power that could trigger instability if it upsets the balance between the military and the
ruling party.
*Taiwan President Ma Ying-jeou – who has invested heavily in improving ties with China – is now dodging the
flak fired in his direction since Beijing unveiled its ADIZ, which overlaps with similar zones of Japan, South
Korea, and Taiwan. Already struggling with approval ratings of around 11%, Mr. Ma hardly needs this
additional headache, particularly as his party eyes important elections later next year.
New York Times-

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*U.S. House and Senate negotiators reached final agreement Monday on a Pentagon policy bill that would
strengthen protections for military victims of sexual assault and keep the prison at Guantánamo Bay, Cuba,
open over President Obama’s strenuous objections, as Congress rushed to wrap up work for the year.
*John Podesta, a former chief of staff to President Bill Clinton and a trusted Democratic operative, will join the
White House staff as a senior counselor to President Barack Obama, two persons familiar with the move said
late Monday.
*U.S. Representative Alan Grayson, a Florida Democrat, lost about $18 million in a scheme involving a Reston,
Virginia-based firm that loaned customers funds in exchange for securities posted as collateral, his office said
on Monday.
*An inspection team from the U.N. nuclear agency will visit Libya to assess the thousands of barrels of
yellowcake uranium that reportedly are being stored at a former military site amid a ―precarious‖ security
situation in the country, a U.N. official said Monday.
*U.S. President Barack Obama has arrived in South Africa to pay tribute to Nelson Mandela, the iconic leader,
and Nobel Peace Prize winner who died Thursday at age 95.
*Britain should cultivate allies and use its clout to stop a tax on financial transactions in 11 EU countries from
harming the City of London, a panel of U.K. lawmakers said.
Tags: World news

Oryza Global Rice Quotes
December 10th, 2013

Long grain white rice - high quality
Thailand 100% B grade
410-420
Vietnam 5% broken 420-430
↓
India 5% broken
415-425
↔
Pakistan 5% broken 380-390
↓
Cambodia 5% broken 455-465
↔
U.S. 4% broken
585-595
↔
Uruguay 5% broken 625-635
↔
Argentina 5% broken 625-635
↔

↔

Long grain white rice - low quality
Thailand 25% broken 365-375
↔
Vietnam 25% broken 395-405
↓
Pakistan 25% broken 340-350
↓
Cambodia 25% broken
430-440
India 25% broken
375-385
↔
U.S. 15% broken
565-575
↔

↔

Cell # 92 321 369 2874

Long grain parboiled rice
Thailand parboiled 100% stxd
455-465
Pakistan parboiled 5% broken stxd 435-445
India parboiled 5% broken stxd
395-405
U.S. parboiled 4% broken
660-670
↔
Brazil parboiled 5% broken 590-600
↔
Uruguay parboiled 5% broken
NQ ↔

↔
↔
↔

Long grain fragrant rice
Thailand Hommali 92%
975-985
Vietnam Jasmine
615-625
↔
India basmati 2% broken
1515 -1525
Pakistan basmati 2% broken NQ ↔
Cambodia Phka Malis 905-915
↔

↔
↔

Brokens
Thailand A1 Super
330-340
↔
Vietnam 100% broken
365-375
Pakistan 100% broken stxd 320-330
Cambodia A1 Super 380-390
↔
India 100% Broken stxd
315-325
Egypt medium grain brokens NQ ↔
U.S. pet food 390-400
↔
Brazil half grain
345-355
↔

↓
↓
↔

Medium grain milled
U.S. Calrose 4% broken
620-630
↔
Egypt medium grain 6%
NQ ↔
All prices USD per ton, FOB vessel, oryza.com

For Advertising SPECS & RATES
Contact: Advertising Department
Mujahid Ali
mujahid.riceplus@gmail.com
+92 321 369 2874

Cell # 92 321 369 2874

11th december,2013 oryza news shared by riceplus magazine

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11th december,2013 oryza news shared by riceplus magazine