16th january,2014 daily global rice e newsletter by riceplus magazzine

16th January, 2014

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TOP Contents - Tailored for YOU
Latest News Headlines…
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University AgCenter holds clinics for rice farmers
New opportunity for rice exporters
Climate change to lower wheat, rice production
DA says 2013 palay production to exceed 2012 output
Paddy Purchase Price Set At Uniform RM1,200 In Peninsula
Pakistan. New opportunity for rice exporters
Nagpur Foodgrain Prices Open-Jan 16

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Ayutthaya farmers demand rice payment from DIT
Thai graft body to probe rice subsidies, adding to PM's woes amid protests
Asia Rice-Thai prices dip as farmers sell in market on fears over govt payments
Rice rules unchanged on restricted trading
Rice basmati rises on fresh stockists buying

NEWS DETAILS:

University AgCenter holds clinics for rice farmers
Rice Fields
A combine plows through fields in Jefferson Davis Parish. (Photo Courtesy of Bruce Schultz)
Posted: Wednesday, January 15, 2014 6:06 pm | Updated: 11:42 pm, Wed Jan 15, 2014.
Alexis Rebennack
With Louisiana’s rice season less than two months away,
experts from the University’s AgCenter are assisting farmers
throughout January to prepare for the 2014 season.The
AgCenter rice clinics took place in various areas throughout
the state this month, including Bunkie, Welsh, Crowley, Ville
Platte and Kaplan. A final meeting will take place Jan. 29 in
Rayville.Steven Linscombe, director of the Rice Research
Station, said while farmers will face the usual challenges this
year such as potential hurricanes, droughts and excessively high temperatures, there is an even bigger challenge
ahead.Farmers want Congress to approve a new farm bill to help farmers know what the rice production playing
field will look like during the next few years, Linscombe said. The uncertainty surrounding this bill affects
multiple layers of this season’s farming production, said AgCenter professor Michael Salassi.
―This uncertainty not only affects individual farmers’ production plans for the coming year, but also
significantly impacts the amount of operating crop loan financing which can be obtained to finance the everrising costs of producing agricultural crops,‖ Salassi said.Linscombe has participated in numerous rice clinics
during his tenure. Some of the longest-held clinics include the Evangeline Parish meeting in Ville Platte, which
was the 54th annual clinic, and the Vermilion Parish meeting in Kaplan, which was the 42nd annual rice clinic,
he said. Linscombe said he is certain that through the decades, the rice clinics have greatly benefited Louisiana
rice farmers. ―We have many producers that often comment that the research and extension work conducted by
AgCenter scientists have kept them in the business,‖ Linscombe said.

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―This is one opportunity each year for these farmers to be updated on all the new technologies, varieties, etc.
across all disciplines that impact their production programs.‖Salassi said the two divisions of the University
AgCenter, the Louisiana Agricultural Experiment Station and the Louisiana Cooperative Extension Service,
have been holding agricultural education meetings for farmers for decades.―Louisiana is a major producer of
rice in the U.S., and these education meetings have long been held to educate growers on the most up-to-date
farming practices and production alternatives,‖ Salassi said.Other topics covered in these meetings include
expected yield data on rice varieties available for planting and production and optimal fertilization rates to
maximize net returns, he said.
The rice clinics also serve to inform farmers of insect and plant disease problems they might face and how to
control them, as well as information about the rice commodity market in the region and nation and its affect on
the farm commodity market price, Salassi said.

New opportunity for rice exporters
Staff Reporter

Thursday, January 16, 2014 - Karachi—After increment in brown rice prices by India, Pakistanhas
an opportunity to increase its brown rice exports by 250,000 tonnes to EU countries as its commodity is
relatively cheaper. Rice Exporters Association of Pakistan (REAP) former chairman Jawed Ali Ghori said the
country in past six months July to December of current fiscal year 2013 has already exported approximately
52,000 tonnes of the said variety to EU countriesand now due to duty-free access to these markets it can export
250,000 tonnes more.He highlighted that India has also increased the prices of the said variety by a massive
amount resulting in the opportunity for Pakistani exporters to tap EU markets in the current fiscal year. Overall,
in past six months of current fiscal year export of Pakistani rice has increased up to 9.0 percent as compared to
the same period during the previous fiscal year.
Ghori told the country has exported approximately 1.574 million tonnes of Basmati and nonBasmati rice costing $819 million in the six months of current fiscal year (July to December 2013), whereas it
had exported 1.446 million tonnes costing $752 million during the same period of previous fiscal year. Giving a
breakdown of above-mentioned figures, he stated Basmati rice export during the said period stood at 274,000
tonnes costing $297 million as compared with 240,000 tonnes priced at $233 million during the same period of
previous year, posting an increase of about 14 percent in quantity and 27 percent in price.

Climate change to lower wheat, rice production
Salman Siddiqui
Thursday, January 16, 2014
From Print Edition

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KARACHI: The climate change is a major threat to agriculture production and risk to food security in Pakistan;
the expected increase in the level of temperature may lower production of wheat by 1.5-2.5 percent and rice by
two-four percent by 2020, the State Bank of Pakistan (SBP) said in its annual report (FY13) on the state of the
economy.―...climate change is not just a global debate, it is a major threat for Pakistan, particularly when it is
raising risks to food security in the country,‖ said the SBP.―...we expect temperature to rise by another 0.6 to
one °C till 2030. This trend raises several concerns for the country, particularly for its agriculture,‖ it
said.Studies have found that a rise in temperature in the range of 1-5 Celsius would bring down the wheat yield
in sub-mountains, arid and semi-arid regions. Higher temperature may improve the wheat yield in the
mountainous region. ―The national wheat production by the end of 2020 would still be 1.5-2.5 percent lower
than the potential,‖ SBP said.Rice, another major food crop, is more sensitive to climate change.
Studies on rice report a possible decline in yields in the semi-arid plains of Punjab. In overall terms, ―its
production would decline by two to four percent due to climate factors by 2020.‖Vegetables, particularly
potatoes, may get affected by high temperatures, as they are more vulnerable to heat, whereas maize, sunflower,
and sugarcane may grow well in high temperature, it said.―Some areas may become uncultivable. We have
already seen that cotton was once an important crop for Faisalabad, but now it is not grown there anymore.
Beside other factors, change in temperature also explains this development,‖ it said.
The cropping pattern will also adjust in response to climate change as farmers may need to shift the sowing time
due to heat stress. This will also alter the timings for associated application of inputs (fertilizer and
insecticides). ―The change in the cropping pattern for Rabi will spill over to Kharif. All these changes will need
adjustment at the grower’s level.‖―Increased humidity will heighten the threat of pest attack,‖ it said.Livestock
sector is also vulnerable to the impact of climate change; high temperature would exert physiological stress on
animals and may reduce their reproduction, said the report.An obvious threat of climate change is the
sustainability of water resources of the country.
The SBP expects the demand for water to increase with rising temperature, but river flows may also surge in
parallel, due to more frequent heavy rains and runoff from glacier melt. Hence, the overall water flows may not
worsen in the short-run, but may decline in the longer-term due to reduced glacier mass, it added.In addition, a
higher temperature would shorten the growth period for crops, thereby resulting in lower yields. ―This means
increase in crop yield, which is critical for food security, may be difficult to achieve owing to climate
constraint.‖In order to address such risks, the country is needed a multipronged response that would require
expansion in water storage capacity, improvement in the efficiency of water usage, and introduction of high
yielding crop varieties that are suitable for changing the climate conditions, it said.

DA says 2013 palay production to exceed 2012 output
By Czeriza Valencia (The Philippine Star) | Updated January 17, 2014 - 12:00am

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MANILA, Philippines The
Department
of
Agriculture (DA) expects
last year’s palay (unhusked
rice) production to have
exceeded
the
2012
production level despite the
damage
inflicted
by
Typhoon
Yolanda
on
Visayas
rice
lands,
Agriculture
Secretary
Proceso
Alcala
said
yesterday.He
said
that
based on initial reports from
regional field units, last
year’s production likely
surpassed
the
2012
production level of 18.03 million metric tons (MT).The government originally targeted to produce 19 million
MT of palay this year. Last year’s farm production figures are still being finalized.―Definitely, production in
2013 would be higher than in 2012,‖ said Alcala.Because of the extent of damage caused by the super typhoon,
the National Food Authority Council approved the importation of 500,000 MT of rice from Vietnam to used for
buffer stocking. Delivery started last month and is expected to be completed within the quarter.After the
onslaught of Yolanda, the Agriculture department assessed that flat growth in palay production could be
expected in 2013.
We thought, previously, that production would be flat for this year but positive growth in Region 3 has pulled
up palay production figures,‖ said Dante Delima, Agriculture Secretary and National Rice Program
coordinator.The Department of Agriculture expects palay production to grow by four to five percent annually
within the next three years, an organic growth rate with normal intervention by the government.To meet the
domestic demand and fulfill the buffer stocking requirment, palay production needs to grow by six percent
annually.―That is why we are reviewing our programs and identifying interventions needed to achieve this,‖
said Delima.

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Paddy Purchase Price Set At Uniform RM1,200 In Peninsula
KOTA BAHARU, Jan 16 (Bernama) -- The government has set a uniform RM1,200 per tonne as the price for
the purchase of paddy from the farmers in the peninsula from the next harvest in a move to weed out the
middlemen.Agriculture and Agro-based Industry Minister Datuk Seri Ismail Sabri Yaakob, who announced this
today, said private rice millers would have to pay the same price for the paddy from the farmers or have their
licence revoked.The current price for paddy bought from the farmers differed from state to state, with RM980
per tonne in Kelantan, RM1,050 in Kedah and RM1,200 in Selangor.Middlemen often manipulated the paddy
transactions to the detriment of the farmers, Ismail Sabri told reporters after launching an exercise to combat the
middlemen in the paddy and rice sub-sector at the Puteri Saadong Area Farmers Organisation (AFO) in Binjai,
here, today.
"The activities of the middlemen, which are becoming widespread, have resulted in losses for the farmers. They
only make a small profit and become too dependent on the middlemen," he said.Ismail Sabri also said that
another measure to eliminate the exploiting middlemen was getting the AFOs, Kemubu Agriculture
Development Authority (Kada) and the Muda Agriculture Development Authority (Mada) to buy paddy directly
from the farmers and take the crop to the mills.He said the quality of the paddy at the purchasing centres
operated by the AFOs, Kada and Mada would be determined by the AFOs, farmers and Padiberas Nasional
Berhad (Bernas). This quality would also be recognised at the private mills, he added."The movement of paddy
between states is allowed subject to getting a permit from the paddy and rice regulator," he said.Ismail Sabri
said the AFOs, Kada and Mada would provide mechanisation, agricultural inputs, welfare funds and soft loans
for farmers, service hitherto monopolised by the middlemen."Nafas (National Farmers Association) has agreed
to contribute RM100,000 to every AFO for use as welfare aid and soft loans for the farmers," he said.Ismail
Sabri also said that in a move to ensure better distribution of the subsidised Super Tempatan 15 (ST15) rice to
the low-income group, the distribution would be undertaken at the paddy purchasing centres, AFOs and Bernas
rice mills beginning April 1.
He said the rice would not be sold at hypermarkets but at shops close to the target group, such as Agro Bazar
outlets, 1Malaysia People's Shops, TUKAR shops, farmers' outlets, cooperative shops, e-Kasih shops, Felda
shops, retail shops at public low-cost housing areas, hardcore poor people's housing schemes and rural retail
shops.The ST15 bags of rice would carry the label "Kegunaan Isi Rumah Warganegara Malaysia Sahaja" (For
Households of Malaysian Citizens Only) and each household would be restricted to purchasing two bags.-BERNAMA

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Pakistan. New opportunity for rice exporters
16.01.2014

After increment in brown rice prices by India, Pakistan has an opportunity to increase its brown rice exports by
250,000 tonnes to EU countries as its commodity is relatively cheaper. Rice Exporters Association of Pakistan
(REAP) former chairman Jawed Ali Ghori said the country in past six months July to December of current
fiscal year 2013 has already exported approximately 52,000 tonnes of the said variety to EU countries and now
due to duty-free access to these markets it can export 250,000 tonnes more.
He highlighted that India has also increased the prices of the said variety by a massive amount resulting in the
opportunity for Pakistani exporters to tap EU markets in the current fiscal year. Overall, in past six months of
current fiscal year export of Pakistani rice has increased up to 9.0 percent as compared to the same period
during the previous fiscal year. Ghori told the country has exported approximately 1.574 million tonnes of
Basmati and non-Basmati rice costing $819 million in the six months of current fiscal year (July to December
2013), whereas it had exported 1.446 million tonnes costing $752 million during the same period of previous
fiscal year. Giving a breakdown of above-mentioned figures, he stated Basmati rice export during the said
period stood at 274,000 tonnes costing $297 million as compared with 240,000 tonnes priced at $233 million
during the same period of previous year, posting an increase of about 14 percent in quantity and 27 percent in
price.

Nagpur Foodgrain Prices Open-Jan 16
Thu Jan 16, 2014 3:11pm IST
Nagpur, Jan 16 (Reuters) - Gram prices in Nagpur Agriculture Produce and Marketing Committee
(APMC) showed firm tendency on renewed demand from local millers amid tight supply from
producing regions. Fresh rise on NCDEX and reported demand from South-based millers also boosted
prices, according to sources.
*

*

*

*

FOODGRAINS & PULSES
GRAM
* Gram varieties ruled steady in open market but demand was poor.
TUAR
* Tuar Karnataka recovered further on renewed demand from local traders amid thin
supply from producing regions.
* Batri dal and Lakhodi dal jacked up in open market on good demand from local traders

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amid weak supply from producing belts.
* In Akola, Tuar - 4,100-4,200, Tuar dal - 6,200-6,400, Udid at 5,000-5,300,
Udid Mogar (clean) - 6,100-6,600, Moong - 7,000-7,200, Moong Mogar
(clean) 8,400-8,600, Gram - 2,600-2,700, Gram Super best bold - 3,600-3,800
for 100 kg.
* Wheat, rice and other commodities remained steady in open market in thin trading
activity, according to sources.
Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
FOODGRAINS
Available prices Previous close
Gram Auction
2,640-2,870
2,550-2,820
Gram Pink Auction
n.a.
2,100-2,600
Tuar Auction
n.a.
3,800-4,050
Moong Auction
n.a.
4,400-4,600
Udid Auction
n.a.
4,300-4,500
Masoor Auction
n.a.
2,600-2,800
Gram Super Best Bold
3,800-4,000
3,800-4,000
Gram Super Best
n.a.
Gram Medium Best
3,500-3,700
3,500-3,700
Gram Dal Medium
n.a.
n.a.
Gram Mill Quality
3,300-3,400
3,300-3,400
Desi gram Raw
2,800-2,900
2,800-2,900
Gram Filter Yellow
n.a.
n.a.
Gram Kabuli
7,800-10,200
7,800-10,200
Gram Pink
7,700-8,100
7,700-8,100
Tuar Fataka Best
6,600-6,800
6,600-6,800
Tuar Fataka Medium
6,100-6,300
6,100-6,300
Tuar Dal Best Phod
5,800-6,000
5,800-6,000
Tuar Dal Medium phod
5,400-5,600
5,400-5,600
Tuar Gavarani
4,400-4,500
4,400-4,500
Tuar Karnataka
4,550-4,650
4,500-4,600
Tuar Black
7,200-7,300
7,200-7,300
Masoor dal best
5,400-5,500
5,400-5,500
Masoor dal medium
5,100-5,300
5,100-5,300
Masoor
n.a.
n.a.
Moong Mogar bold
8,700-8,900
8,700-8,900
Moong Mogar Medium best
8,200-8,400
8,200-8,400
Moong dal super best
7,500-7,800
7,500-7,800
Moong dal Chilka
7,000-7,200
7,000-7,200

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Moong Mill quality
n.a.
n.a.
Moong Chamki best
6,500-7,300
6,500-7,300
Udid Mogar Super best (100 INR/KG) 6,800-7,000
6,800-7,000
Udid Mogar Medium (100 INR/KG) 5,400-6,200
5,400-6,200
Udid Dal Black (100 INR/KG)
4,600-4,800
4,600-4,800
Batri dal (100 INR/KG)
3,800-4,600
3,800-4,500
Lakhodi dal (100 INR/kg)
3,100-3,200
3,000-3,100
Watana Dal (100 INR/KG)
3,200-3,300
3,200-3,300
Watana White (100 INR/KG)
3,200-3,300
3,100-3,200
Watana Green Best (100 INR/KG) 4,200-4,500
4,200-4,500
Wheat 308 (100 INR/KG)
1,750-1,850
1,750-1,850
Wheat Mill quality(100 INR/KG) 1,700-1,800
1,700-1,800
Wheat Filter (100 INR/KG)
1,700-1,900
1,700-1,900
Wheat Lokwan best (100 INR/KG) 2,150-2,500
2,150-2,500
Wheat Lokwan medium (100 INR/KG) 2,000-2,100
2,000 -2,100
Lokwan Hath Binar (100 INR/KG) n.a.
n.a.
MP Sharbati Best (100 INR/KG) 3,200-3,700
3,200-3,700
MP Sharbati Medium (100 INR/KG) 2,800-2,900
2,800-2,900
Wheat 147 (100 INR/KG)
1,600-1,700
1,600-1,750
Wheat Best (100 INR/KG)
1,650-1,750
1,650-1,750
Rice BPT (100 INR/KG)
3,000-3,300
3,000-3,300
Rice Parmal (100 INR/KG)
1,800-1,850
1,800-1,850
Rice Swarna Best (100 INR/KG) 2,600-2,700
2,600-2,700
Rice Swarna Medium (100 INR/KG) 2,300-2,450
2,300-2,450
Rice HMT (100 INR/KG)
4,100-4,400
4,100-4,400
Rice HMT Shriram (100 INR/KG) 4,500-5,000
4,800-5,000
Rice Basmati best (100 INR/KG) 11,000-13,500
11,000-13,500
Rice Basmati Medium (100 INR/KG) 6,300-7,600
6,300-7,600
Rice Chinnor (100 INR/KG)
5,500-5,800
5,500-5,800
Rice Chinnor Medium (100 INR/KG) 5,100-5,300
5,100-5,300
Jowar Gavarani (100 INR/KG)
1,400-1,600
1,400-1,600
Jowar CH-5 (100 INR/KG)
1,700-1,800
1,700-1,800
WEATHER (NAGPUR)
Maximum temp. 30.2 degree Celsius (86.6 degree Fahrenheit), minimum temp.
15.3 degree Celsius (59.3 degree Fahrenheit)
Humidity: Highest - n.a., lowest - n.a.
Rainfall : nil
FORECAST: Mainly clear sky. Maximum and Minimum temperature likely to be around 31 and 16 degree
Celsius respectively.
Note: n.a.--not available

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(For oils, transport costs are excluded from plant delivery prices, but
included in market prices.)

Ayutthaya farmers demand rice payment from DIT
Date : 16 มกราคม 2557
AYUTTHAYA, 16 January 2014 (NNT) – Rice farmers in Ayutthaya province have submitted a letter to the
government via the Department of Internal Trade (DIT), calling for the disbursement of money owed to them in
the rice pledging program. Led by the vice president of the Ayutthaya Provincial Farmers Council, a number of
local rice farmers converged on a building in Bang Sai district which was being used as a temporary office of
DIT officials who had relocated from Bangkok to avoid the mass protest. The group demanded prompt payment
for over 400 farmers in the area who had pledged their paddy with the government in September 2013 and had
yet to receive any money. In Ayutthaya province alone, the overdue amount for the 2012/2103 crop year is said
to be more than 87 million baht. Another 630 million baht is owed to participating farmers in the 2013/2014
crop year out of the pledge value of 1.57 billion baht. Deputy Director-General of the DIT Nopporn Linthong
received the group’s letter on behalf of the government. She informed the farmers to rest assured that they
would receive the money despite some delay. She added that the DIT would convene with the National Rice
Policy Committee and the Bank for Agriculture and Agricultural Cooperatives on January 20 to find solutions
to the problems at hand.

Thai graft body to probe rice subsidies, adding to PM's woes amid protests
BY APORNRATH PHOONPHONGPHIPHAT AND ANDREW R.C. MARSHALL
BANGKOK Thu Jan 16, 2014 12:37pm GMT

(Reuters) - A Thai anti-corruption agency said on Thursday it would investigate a money-guzzling rice subsidy
programme that has fuelled opposition to Prime Minister Yingluck Shinawatra, as protesters marched through
the capital demanding she resign.The unrest flared in November and escalated this week when demonstrators
led by former opposition politician Suthep Thaugsuban occupied main intersections of the capital, Bangkok, but
the number of people camping out overnight at some of the intersections appears to be dropping.The turmoil is
the latest episode in an eight-year conflict that pits Bangkok's middle class and royalist establishment against
the mostly poorer, rural supporters of Yingluck and her brother, former premier Thaksin Shinawatra.
Yingluck's Puea Thai Party was helped to power in 2011 by offering to buy rice at way above the market price
to help poor farmers.Critics say the programme is riddled with corruption and - a particular gripe of the more

Cell # 92 321 369 2874

well-heeled protesters - that it has cost taxpayers as much as 425 billion baht (£7.8 billion), although that figure
would drop if the government managed to find buyers for the rice in state stockpiles.
"Those who oversaw the scheme knew there were losses but did not put a stop to it," Vicha Mahakhun, of the
National Anti-Corruption Commission (NACC), told a news conference.Yingluck is nominally head of the
National Rice Committee and could therefore eventually face charges.The intervention price made Thai grain so
expensive Thailand lost its position as the world's top rice exporter, overtaken by India and Vietnam.Thaksin's
rural and working-class support has ensured he or his allies have won every election since 2001 and Puea Thai
seems certain to win an early election Yingluck has called for February.The anti-government protesters have
rejected the election.They want to suspend what they say is a fragile democracy destabilised by Thaksin, whom
they accuse of nepotism and corruption.
Their goal is to eradicate the political influence of his family by altering electoral arrangements, though in
ways they have not spelt out, along with other political reforms.In a separate ruling, the NACC said it had grave
doubts about government-to-government deals announced by former Commerce Minister Boonsong
Teriyapirome. He and other officials will now be summoned to explain themselves and the NACC will then
decide whether to file formal charges."The government rice deals did not happen because rice was not shipped
out of the country as they claimed," Vicha said.Exporters raised the same question at the time in late 2012 and
Boonsong was sacked by Yingluck in June 2013 when he failed to answer public concerns about the deals and
the cost of the intervention programme.
PROTESTS LOSING MOMENTUM?

Many ministries and state agencies have closed to avoid violence, with staff working from home or back-up
facilities.The protesters are trying to paralyse ministries, marching each day from camps they have set up at the
seven intersections. On Thursday they targeted revenue offices.But along with the fewer numbers camping out
overnight, attempts to block traffic along other roads have become half-hearted."People see that the requests of
the protesters are impossible under the (law) and constitution," Yingluck told Reuters.
"That's why the number of supporters is getting less."She was speaking as she left her temporary offices at a
Ministry of Defence facility in northern Bangkok, heading for a "reform forum" at a nearby air force
base."That's the best way for Thailand, to have a dialogue," she said. "Whatever we don't agree on (and) the
conflicts of the past can be solved under the reform forum."Army spokesman Winthai Suwaree said some

Cell # 92 321 369 2874

troops were patrolling protest areas or helping at medical tents.The security forces have largely kept out of sight
since the blockades began this week, with the government keen to avoid any confrontation.
The unrest is hurting the economy. Finance Minister Kittirat Na Ranong said it might only grow 3 percent this
year rather than the forecast 4.5 percent because of disruption to manufacturing, exports, consumption and
tourism.Somchai Sajjapong, head of the Finance Ministry's fiscal policy office, said 2 trillion baht of
infrastructure projects would not now start in the fiscal year to September and other investment would also be
delayed."These are two major factors for the growth forecast downgrade ...
If the February 2 election is not held, growth could be lower than 3 percent," he added.Yingluck dissolved
parliament in December in an attempt to end the protests and she has set the election for February 2.On
Wednesday she invited protest leaders and political parties to discuss a proposal to push back election day, but
her opponents stayed away. The date has been maintained.(Additional reporting by Amy Sawitta Lefevre,
Viparat Jantraprap, Orathai Sriring and Chaiwat Subprasom; Writing by Alan Raybould; Editing by John
Chalmers and Nick Macfie)

Asia Rice-Thai prices dip as farmers sell in market on fears over govt
payments
Thu Jan 16, 2014 4:55am EST

By Apornrath Phoonphongphiphat

BANGKOK, Jan 16 (Reuters) - Thai rice prices slipped this week as some farmers unloaded grain onto the
market because of fears about the ability of the government to pay for grain bought under its intervention
scheme, especially with protests disrupting the capital.Thai 5 percent broken grade white rice was offered at
$415 per tonne on Thursday, down from last week's $420, traders said."Farmers feared that they might not get
the money on time so they sold rice on to the free market," said a Bangkok-based trader, adding that exporters
were forcing prices down.The government of Prime Minister Yingluck Shinawatra has been trying to help
farmers by buying their rice at prices way above the market since 2011.Some farmers in remote areas have
occasionally sold rice on the open market at cheap prices because they needed money quickly and could not get
to state buying centres.
However, such sales are likely to rise substantially this crop year, in part because the government has said it
would only buy 16.5 million tonnes of paddy, around 40 percent of annual production of 38 million, due to a

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liquidity crunch."But what farmers are most concerned about is they are afraid they won't be paid, so they
decided to sell even at lower prices because they can be sure they will get the money," said Prasit Boonchoey,
head of the Thai Farmers Association.The government is struggling to fund the rice purchases from farmers,
who are paid 50 percent above market prices under the scheme. The government has failed to find buyers for
the bulging stocks built up under the scheme and has had to take loans or sell bonds to ensure payments.
But with protesters in Thailand trying to paralyse ministries to force the government to resign, selling debt has
not been easy.In addition, Yingluck's government is only acting in a caretaker capacity after she dissolved
parliament and called an election for February, so it lacks the authority to sign any government-to-government
rice deals."The bulging stocks would hammer prices down further," said another trader.In Vietnam, exporters
lowered rice-export quotations this week, anticipating a rise in supply next month when Mekong Delta farmers
begin harvesting a major crop, traders said.The 5 percent broken rice was quoted at $395 a tonne, free-on-board
basis, for loading from late February, when harvesting of the winter-spring crop starts in the Mekong Delta food
basket.The same variety in stock was quoted at $400-$405 a tonne, down from $410-$415 a week ago.Another
grade, 25 percent broken, also eased to $360-$365 a tonne, FOB basis, from last week's $385.
"Exporters are making preemptive offers as prices would ease when the next crop arrives," a trader in Ho Chi
Minh City said.But lower prices have yet to attract key buyers, such as China, African countries, Indonesia or
the Philippines, which have been buying or may be keeping an eye on cheaper Thai rice, traders said."China has
not started buying yet," a trader added.China topped the list of Vietnamese rice importers in 2013, with
purchases in the January-November period rising more than 6 percent from a year ago to around 2 million
tonnes, based on Vietnam government data. (Additional reporting by Ho Binh Minh in Hanoi; Editing by Alan
Raybould and Muralikumar Anantharaman)

Rice rules unchanged on restricted trading
OUR CORRESPONDENT
KARNAL, JAN. 16:
Prices of aromatic and non-basmati rice varieties were unchanged on Thursday despite lukewarm
trading.Restricted trading in the market kept prices unchanged, said Tara Chand Sharma, proprietor of Tara
Chand and Sons. Following steady domestic demand and easy availability of stocks, retail and bulk buyers are
placing orders according to their requirement, he said.According to trade experts, the market may only see
hand-to-mouth buying and prices may continue to rule around the current levels with nominal fluctuation over

Cell # 92 321 369 2874

the next few days. In the physical market, Pusa-1121 (steam) was sold at Rs 9,100 a quintal, while Pusa-1121
(sela) was quoted at Rs 8,050.
Pure Basmati (raw) was quoted at Rs 12,500. Duplicate basmati (steam) was sold at Rs 7,000.
Pusa-1121 (second wand) was sold at Rs 7,000; Tibar at Rs 6,000; and Dubar at Rs 5,000.
In the non-basmati section, Sharbati (steam) was sold at Rs 5,000, while Sharbati (sela) was quoted at Rs 4,800.
Permal (raw) was sold at Rs 2,300; Permal (sela) at Rs 2,350 , PR-11 (sela) at Rs 2,900; and PR-11 (raw) was
sold at Rs 2,800. PR14 (steam) was sold at Rs 3,200.
Paddy arrivals
About 7,500 bags of different paddy varieties arrived at the Karnal Grain Market Terminal.
About 5,000 bags of Pusa-1121 arrived and was sold at Rs 4,200-4,250; 1,500 bags of Sugandha 999 went for
Rs 2,650; while 1,000 bags of PR was sold at Rs 1,325-1,350.
(This article was published on January 16, 2014)
Keywords: aromatic and non-basmati rice varieties
Post Cmment

Rice basmati rises on fresh stockists buying
Press Trust of India | New Delhi
January 16, 2014 Last Updated at 15:16 IST
Rice basmati prices rose by Rs 200 per quintal on the wholesale grains market today on fresh buying by
stockists. Maize also moved up on increased demand.Traders said fresh buying by stockists mainly led to rise in
rice basmati prices. In the national capital, rice basmati common and Pusa-1121 variety rose by Rs 200 each to
Rs 8,900-9,200 and Rs 8,300-8,900 per quintal, respectively. Maize also seen in demand and went up by Rs 15
to Rs 1,415-1,420 per quintal. The following were today's quotations per quintal:
Wheat MP (deshi) 2,070-2,270, Wheat dara (for mills) 1,635-1,640, Chakki atta (delivery) 1,640-1,645 Atta
Rajdhani (10 kg) 220, Shakti bhog (10 kg) 220, Roller flour mill 870-890 (50 kg), Maida 930-950 (50 kg) and
Sooji 970-990 (50kg).

Cell # 92 321 369 2874

Basmati rice (Lal Quila) 10,400, Shri Lal Mahal 10,000, Super Basmati Rice, 9,500, Basmati common new
8,900-9,200, Rice Pusa-(1121) new 8,300-8,900, Permal raw 2,100-2,200, Permal wand 2,275-2,300, Sela
2,950-2,975 and Rice IR-8- 1,875-1,900, Bajra 1,265-1,270, Jowar yellow 1,450-1,500, white 2,350-2,550,
Maize 1,415-1,420, Barley 1,430-1,440, Rajasthan 1,080-1,090.

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

Cell # 92 321 369 2874

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