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TOP Contents - Tailored for YOU
Latest News Headlines
Taiwan distribute 500 ton rice aid to Pak needy
BASF Announces New Herbicide Tolerant Rice System in Development
IRRIs new irrigation technique to ease drought effect on rice
Indonesia could double rice imports as election, El Nino loom
How wild rice in Far North Queensland could protect the future of supply
Agribiz - BASF developing new herbicide tolerant rice system
Ways and Means Subcommittee Emphasizes Need to Eliminate Barriers to U.S. Trade
WASDE Report Released
Following Iraq Trade Team Visit in May, June Rice Sales
CME Group/Closing Rough Rice Futures
Court rice graft ruling glitter of hope
Millers, exporters at odds over rice stocks
USA Rice conducting National Rice Month Scholarship
Agribiz - BASF developing new herbicide tolerant rice system
Rice rules flat on lukewarm trade
Can Burma reclaim its status as a major rice player?
Report: Vietnam, Malaysia sign rice deal
Iran Slashes Basmati Rice Purchases From India
Commerce mulling to attract more buyers in rice selling scheme
Farmers in Asia brace for dry spell
Anger by U.S. farmers threatens ambitious Pacific trade pact
California water security attainable, study suggests
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News Detail..
Taiwan distribute 500 ton rice aid to Pak needy
June 11, 2014
LAHORE (PR): A delegation from Taiwan has reached Lahore to distribute food aid among the needy and
destitute people in Pakistan. The Executive Director of Noordhoff Craniofacial Foundation (NCF) Rebecca
Wang was leading the delegation, while the other members included Lee Shang Lin, Huang Pei Li and Liang
Yung Kuang.This was stated by Prof Dr Ghulam Qadir Fayyaz, General Secretary ,Cleft Lip and Palate
Association of Pakistan (CLAPP), here at Lahore Press Club on Monday. President Al Mustafa Welfare Society
(Trust) Mian Khalid Habib Elahi was also present on the occasion.
Prof Fayyaz said that delegation has reached with an aid of 500 ton rice from Taiwan and it would be
distributed during the next three months with the help of Al Mustafa Welfare Society (Trust), which already has
a countrywide network. A ceremony for the distribution of rice would be held at Shahdara, Lahore on Thursday,
June 12 and later it would also distribute in other parts of the country include 15 districts of the Punjab
province, 25 districts in Sindh province and then in Muzaffarabad Azad Kashmir, Khyber Pakhtunkhwa and
Balochistan. The rice aid had already reached in Karachi and Al Mustafa Welfare Society was making 10 Kg
bags for each family under the supervision of Haji Muhammad Hanif Tayyab.
This was the fourth time when Taiwan was sending the rice aid in Pakistan. In 2011 we received 100 ton rice
for the flood victim, in 2012 400 tons rice and last year 500 ton rice from the brother country. The market prices
of the rice aid was estimated Rs 30 million, while Al Mustafa Welfare Society had spent Rs 5 million for
packing, transportation and distribution purposes.Prof Fayyaz said that during current year CLAPP would
conduct 300 surgeries for the children who were suffering cleft lip and palate problems. CLAPP would organise
free camps in backward and far-flung areas. Taiwan would also train the Pakistani doctors and medical staff for
modern techniques of plastic surgery and speech therapy.
The delegations members would also visit at CLAPP Hospital in Faisal Town and they would address the
training sessions for the surgeons, orthodontists and speech therapists and later they would leave for Khyber
Pakhtunkhwa to meet a small baby girl Laiba, a cranio-Facial deformity with cleft lip & palate patient, who was
operated in Taiwan. The Executive Director of Noordhoff Craniofacial Foundation (NCF) Rebecca Wang told
the media that cleft lip and palate patients could not smile and eat properly and even they could not attend the
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school classes and they were forced to live without marriage. She said Pakistan has become the fourth largest
country in the world where about 10000 children were born every year with cleft lip and palate problems. Due
to lack of medical facilities and plastic surgeons in public sector, the number of such patients has reached more
300,000 in Pakistan. CLAPP is the largest organisation in country which sets up free medical camps and
operates the cleft lip and palate patients free of cost. Noordhoff Craniofacial Foundation (NCF) will also
organise free medical camps with the collaboration of CLAPP in remote areas and conduct free surgeries for the
poor and needy patients Rebecca Wang added.
BASF Announces New Herbicide Tolerant Rice System in Development
10/06/2014
RESEARCH TRIANGLE PARK, NC--(Marketwired - Jun 10, 2014) - BASF has announced the development
of a new herbicide-tolerant rice system.The Provisia
herbicide: an ACCase or group 1 herbicide site of action. Although Provisia herbicide will
initially control grass weeds, BASF is working on combinations with other herbicides that will also provide
control of broadleaf and sedge weeds."This new system will provide a different site of action, helping rice
growers control ALS-resistant weeds," said Jason Kuhlemeier, Technical Market Manager, BASF. "It was
designed to be used as a companion to the Clearfield
107.27 -0.18 -0.17% June 12, 2014 3:25 pm Volume : 3.76MP/E Ratio 5.46 Market Cap 112.73
Billion Dividend Yield 1.86% Rev, and used to pay Indian companies for exports of food and other products to
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Iran.Mostafa Pakzad, chairman of Iranian trading company Pakzad Consulting Corp., whose business includes
commodities, said Iran's rice imports from India had fallen because of tightened regulatory oversight by Iran.
Rajan Sundaresan, executive director of All India Rice Exporters Association, suggested Iranian buyers might
be positioning themselves to demand lower prices. "There is going to be a meeting soon and we are hoping it
would be smoothed out by the end of the month," he said.Whether a recent slowdown in oil deliveries from Iran
to India is affecting the rice trade isn't clear. Iranian oil exports to India fell by more than half to 200,000 barrels
a day in April from 415,000 barrels a day in January, according to data from the International Energy Agency.
India is the largest exporter of rice to Iran. In the financial year ended in March 2014, India's sales of basmati
rice to Iran totaled 1.45 million metric tons, valued at $1.83 billion, Indian government data show. India shipped
about 130,000 tons a month of basmati until February, but sales have since plunged to 50,000-60,000 tons a
month, Indian traders said.India exports only high-grade basmati rice to Iran, so the decline in shipments isn't
expected to have much impact on the price of lower-grade rice from major exporters such as Thailand or
Vietnam. Basmati rice costs nearly five times as much as common grades.
In India, domestic prices for basmati have fallen over the past two weeks as a result of weaker demand from
Iran. Benchmark 1121 basmati has been trading at around $1,400 to $1,500 a ton for most of this year, but some
buyers have started asking for discounts of $50 to $100 a ton.The drop in shipments to Iran comes as Indian
farmers are planting more basmati rice to meet previously strong demand from Iran and other traditional buyers,
including Saudi Arabia and Iraq.Slow processing of payments in rupees by UCO Bank to Indian exporters from
an Iranian account is also hampering trade, Mr. Pakzad said.
UCO Bank executives denied that any payments had been delayed.Tejinder Narang, an independent
commodities analyst, said it is unclear when shipments of basmati rice to Iran may pick up again. In any case, it
is likely to happen eventually, because Pakistan is the only other supplier of basmati-type rice to Iran, but it has
smaller available stocks and no formalized barter trade.
Write to Biman Mukherji at biman.mukherji@wsj.com and Benoit Faucon atbenoit.faucon@wsj.com
Commerce mulling to attract more buyers in rice selling scheme
Date : 11 2557
BANGKOK, 11 June 2014 (NNT) -- The Ministry of Commerce has confirmed its plan to sell out more rice
under the mortgage scheme in the near future. Permanent Secretary for Commerce Srirat Rasathapana said after
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her meeting with rice millers, exporters and executives of the Agricultural Futures Exchange of Thailand
(AFET) on Tuesday that the ministry was waiting for the green light by the National Council for Peace and
Order.
Mrs. Srirat said the meeting also discussed how to promote rice auctions through AFET and other channels.
Previous rice auctions by AFET drew only a few numbers of bidders, causing rice to earn lower prices than
expected. Therefore, the ministry is mulling over strategies to attract more buyers to AFET rice auctions by
improving its information system and offering greater incentives for the participants.
Farmers in Asia brace for dry spell
Reporter: Barnaby Lo CCTV.com
06-11-2014 07:50 BJT
Its the rainy season in the Philippines, but weather and climate experts are warning of a possible dry spell
brought about by a weather pattern called El Nino. Heavy clouds hanging over one of the most vital reservoirs
in the Philippine but this isnt nature at work. For weeks now, the government has been conducting cloud
seeding operations to induce rain and try to slow down the decline of the water level in the dam.
This dam is the major source of water both for farmlands north of Manila and the city itself. Right now the
water level here is already below critical but theres fear that a dry spell caused by a weather pattern called El
Nino could last for months. said Barnaby Lo, Angat Dam, Philippines.El Nino is an oceanographic event that
happens over the Pacific Ocean. It is characterized by increasing sea surface temperature, which alters the
normal circulation of the air. So when there is an El Nino, the impact on the Philippines is a decrease in
seasonal rainfall. said Anthony Lucero, Philippines Weather Bureau.
Which could mean a water shortage for those living in the city and more significantly, for rice farmers like
Lando Hernandez.Were very worried. We will have no water for irrigation, which means we will not be able
to farm and make any money. I hope it doesnt come. said Lando Hernandez, Rice Farmer.But chances are, it
will. And thats why the government is giving an early warning.So if the conditions tell us that we will be
having less rainfall, then we should not grow rice. Instead we should grow some other crops like vegetables,
where the need for water is not that high. said Anthony Lucero, Philippines Weather Bureau.Question is will
Filipinos stop eating rice? Not likely. So a shortage in the supply of rice could still drive food prices up. The
hope, however, is to keep this to a minimum and prevent any form of unrest as a result.
Anger by U.S. farmers threatens ambitious Pacific trade pact
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BY KRISTA HUGHES
WASHINGTON Tue Jun 10, 2014 4:12pm EDT
(Reuters) - U.S. farmers are in an uproar over signs Japan will maintain some barriers to agricultural exports
under a Pacific trade pact, which threatens to unravel a deal that is central to U.S. efforts to retain economic and
security influence in the region.Four years into Trans-Pacific Partnership (TPP) talks, U.S. negotiators are
fighting to balance the goal of total tariff elimination with the sensitivities of Japanese and American farmers
and the needs of other trading partners.Central to President Barack Obama's strategic shift toward Asia, the TPP
would connect a dozen economies by cutting trade barriers and harmonizing standards in a deal covering two-
fifths of the world economy and a third of global trade.
After an April summit between Obama and Japanese Prime Minister Shinzo Abe, a compromise seems likely to
allow Tokyo to keep some protection for goods like beef, sugar, dairy or wheat, judging by a change in tone
from U.S. officials in recent weeks to talk about tariff elimination "to the maximum extent possible."This
contrasts with the original goal, upsetting American farmers. Dairy farmers have threatened to withhold their
support for the deal if the markets are not opened in a meaningful way, and other farm groups have called for
Japan to be excluded from the trade deal.We are not going to allow a bad deal with Japan to go forward," said
Nick Giordano, vice president of the National Pork Producers Council, which represents pig farmers. "It's going
to invite other countries in the TPP to scale back what they are willing to give the United States.
"Past U.S. trade deals have also fallen short of total tariff elimination. But the extent of the concessions is
crucial, especially in winning support of the influential U.S. farm lobby, which could scupper TPP in
Congress.Acting Deputy United States Trade Representative Wendy Cutler said U.S. negotiators were working
with Japan to achieve the maximum possible access for U.S. farm exports. "We are really focused on
concluding TPP with Japan. That is why we are spending so much time with them," Cutler said on Tuesday in
response to a question at a Center for Strategic and International Studies event.
A deal that expands U.S. farm exports and is backed by farmers could help Obama win over skeptical
Democratic lawmakers who associate trade deals with lost jobs. Farm lobby support is also crucial for
Republicans, who are generally pro-trade but would likely reject a deal opposed by farmers.A deal with broad
agricultural exemptions would be "dead on arrival in the House of Representatives," said Republican Aaron
Schock, a member of the congressional trade panel which has called a hearing on agriculture trade for
Wednesday.
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He noted that 60 seats in the House represent agriculture-dominated districts.The United States is the world's
biggest farm exporter. It greatly outstrips the next two biggest farm exporters in the TPP, with exports more
than three times greater than Canada and five times greater than Australia.U.S. Trade Representative Michael
Froman insists a final Japan deal will be comprehensive and give American farmers better access to Japanese
markets.
"Im confident that TPP will cover the full range of Japanese agricultural products," he told Reuters. "Our
overall goal for TPP is to deliver market access gains across the board, including through tariff elimination, that
can be maximized by American farmers and ranchers."How that would happen is unclear. There are many
variables, including which goods will have no tariffs, how quickly tariffs will be phased out and which goods
might retain tariffs."You can get a deal that covers 95 percent of tariff lines but it's not a good deal if the 5
percent of tariff lines that it leaves out are the ones you are most interested in," a former U.S. agriculture trade
negotiator said.
DOMINO EFFECT
Many see the 2012 U.S.-Korea trade deal as a benchmark. It excluded rice and kept tariffs on goods such as
milk powder in exchange for a bigger duty-free import quota."We didn't want to throw that agreement away
because it did not eliminate every single tariff line. We are pragmatic," said Jaime Castaneda, senior vice
president of the U.S. Dairy Export Council.But if Washington fails to pry open Japan's markets sufficiently,
experts fear it will have a domino effect.
A "TPP-lite" would give trading partners few incentives to accept rules on intellectual property and protection
for foreign investors, an important element for U.S. companies."We cannot sign off 21st-century rules and
ignore 20th-century unresolved market access issues, of which deep pockets of high protection in agriculture ...
are unaddressed," New Zealand Trade Minister Tim Groser said on Friday, warning the TPP could still
stumble.With talks splintered into bilateral negotiations, trading partners say they fear there will be an uneven
playing field at the end, undermining their ability to sell the deal at home.
Many deals are interdependent.The United States wants better access to Japan and Canada before allowing New
Zealand dairy farmers to sell more in America.New Zealand, which exports 95 percent of its milk but accounts
for 2 percent of global supply, might settle for a good deal from Japan and Canada and not then press the United
States. To win concessions from Canada and Japan, the United States may have to open its sugar market to
Australia."It's going to be a process of give and take," said Representative Ron Kind, leader of the pro-trade
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New Democrat Coalition. "My suspicion is that we are not going to be dropping all the tariffs on our side so it
would be a bit disingenuous for us to insist on that for other countries."
(Editing by Jason Szep, Leslie Adler and Dan Grebler)
California water security attainable, study suggests
Raju Chebium,12:41 a.m. PDT June 11, 2014
WASHINGTON California could save more water than what its cities use in a year by ramping up its
conservation and recycling programs and storing rainwater instead of letting it run off into the Pacific Ocean,
according to a report released Tuesday.Californians could save 10 million to 14 million acre-feet of water a year
if they were to take common-sense and low-cost steps like switching to low-flush toilets, upgrading aging
irrigation systems and using "climate appropriate" vegetation for landscaping, according to the report.That's
more than the combined 9 million acre-feet California's cities use in a year, according to the study by the
Natural Resources Defense Council and the Pacific Institute.
A commonly used measurement unit, an acre-foot of water equals about 326,000 gallons.The study didn't
estimate the overall cost of implementing the recommendations. The authors told reporters in a conference call
the price tag would vary from one region to the next, adding that their recommendations likely would cost less
than building big dams or reservoirs and still lead to greater water savings."As a state, we'd be in much better
shape today and able to weather the drought with far less hardship if we'd more heavily invested in these tools
in the past," said Kate Poole, an NRDC attorney.Pacific Institute President Peter Gleick said the steps outlined
in the report would help California well after the drought ends.
"We've hit the wall in California," he said. "We know we're in a severe drought now, but even in a normal year
or wet year, we're overextended. We take too much water out of the system."Agriculture uses most of the water
in the state. Farmers alone could save 5.6 million-6.6 million acre feet, according to the report.A drought-relief
bill introduced in February by Senate President Pro Tem Darrell Steinberg and Assembly Speaker John Perez
and backed by Gov. Jerry Brown puts a premium on common-sense conservation measures. Brown also has
called for more community-level efforts to boost water supplies. Many of the steps identified by the report are
already being taken.
Yet, a lot more remains to be done, said Bob Wilkinson, a water policy expert at the University of California,
Santa Barbara.For instance, about 1 million acres of California farmland gets water through "flood irrigation,"
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an age-old method in which water reaches the crops through furrows dug into the earth. This method is wasteful
because a lot of the water evaporates. Wilkinson said farmers could save a lot of water by switching to "drip
irrigation," a method in which crops get water through holes in plastic pipes to minimize evaporation.California
communities know that they have to solve their own water problems. They don't anticipate that "large amounts
of money are going to be spent on large-scale infrastructure as it was perhaps 50 years ago," Wilkinson said.
"Most of the investment is actually occurring at the local level by the local entities with some support from state
and federal funding sources."
Contact Raju Chebium at rchebium@gannett.com
Ways and Means Subcommittee Emphasizes Need to Eliminate Barriers to
U.S. Trade
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WASHINGTON DC -- At a House Ways and Means Subcommittee hearing
here today, representatives from numerous agriculture industries testified on
the impact of trade agreements on agriculture. Chairman Devin Nunes (R-
CA) opened the hearing by emphasizing the importance of agriculture trade,
and calling for an elimination of tariff and non-tariff barriers to U.S.
agriculture goods. He further noted, "to strengthen USTR's position in trade
negotiations, we must pass Trade Promotion Authority (TPA) without
delay. The Bipartisan Congressional Trade Priorities Act introduced earlier
this year would establish clear direction to open agriculture markets and
address unwarranted SPS measures and other trade barriers."
Each of the witnesses agreed that TPA is a necessary step in achieving
successful agreements such as the Trans Pacific Partnership (TPP) and the
Transatlantic Trade and Investment Partnership (TTIP). Representative
Charles Boustany (R-LA) reiterated this sentiment, "the bipartisan nature of
TPA sends a message to our trading partners.""Opening new overseas markets
and preserving existing ones are critical to maintaining a prosperous and
competitive U.S. rice industry," said USA Rice Federation COO Bob
Cummings. "Today's hearing highlighted the challenges ahead and the
importance of passing TPA to strengthen our negotiators' hands."
Contact: Lydia Holmes, (703) 236-1450
.
WASDE Report Released
WASHINGTON, DC -- Rice supply and use 2014/15 balance sheets are changed little from last month. All rice
beginning stocks for 2014/15 are raised 3 million cwt, long-grain rice stocks are raised 2 million, and combined
medium- and short-grain stocks are up 1 million. The 2014/15 beginning stocks changes flow through the
balance sheets to 2014/15 ending stocks. All rice 2014/15 ending stocks are raised 3 million cwt to 37.3 million-
the largest stocks since 2011/12. Long-grain ending stocks are raised 2 million cwt to 26.3 million-the largest
LA producer J ohn Owen presents Friend
of the Rice I ndustry award to Rep.
Boustany at 2014 USA Rice Government
Affairs Conference
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since 2010/11. Combined medium- and short-grain ending stocks are raised 1.0 million cwt to 8.7 million.
All rice 2013/14 exports are lowered 3 million cwt to 92 million, long-grain exports are lowered 2 million to 62
million, and combined medium- and short-grain rice exports are lowered 1 million to 30 million. Rough rice
exports and milled rice exports for 2013/14 are each lowered 1.5 million cwt to 31.5 million and 60.5 million
(rough-equivalent basis), respectively. U.S. exports and export commitments to Central America, Africa,
Venezuela, and Northeast Asia are lagging through May compared to a year ago.
The 2014/15 U.S. long-grain rice season-average farm price is projected at $12.80 to $13.80 per cwt, down 70
cents per cwt on each end from a month ago and compares to a revised $15.10 to $15.70 per cwt for 2013/14.
The 2014/15 combined medium- and short-grain rice season-average farm price is $18.20 to $19.20 per cwt, a
decrease of 30 cents per cwt on each end from last month and compares to a revised $17.40 to $18.00 per cwt
for 2013/14. The 2014/15 U.S. all rice season-average farm price is projected at $14.40 to $15.40 per cwt, down
60 cents per cwt on each end from a month ago and compares to a revised $15.70 to $16.30 per cwt for
2013/14.
Global 2014/15 rice supply and use is little changed from a month ago. Global rice production is projected at a
record 480.7 million tons, unchanged from a month ago. Global 2014/15 trade (imports and exports) are
unchanged from a month ago. Global 2014/15 consumption is lowered slightly from last month. Ending stocks
for 2014/15 are raised 900,000 tons due mostly to an increase for India. Rice production for 2013/14 in India is
raised 1.3 million tons to a record 106.3 million tons based on official statistics from the government of India.
Read the full report here.
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