4th December, 2014 Daily Global Rice E-Newsletter by Riceplus Magazine

Daily Global Rice E-Newsletter by Riceplus Magazine
www.ricepluss.com
Daily Global Rice E-Newsletter

4 December, 2014
Volume 4 Issue: XI
th
Vol 4, Issue XII
Todays News Headlines
UPDATE 1-Bangladesh signs deal to export 50,000 T rice to

Sri Lanka at $450/T
PAU don gets national recognition
RGA scholarships open
Weeds, Pests & Pathogens Beware: The Air's CO2 Content
is Rising
Little Rock Restaurant Promotion
Japan Announces Results of 8th Ordinary Import Tender in
FY 2014
Weekly Rice Sales, Exports Reported
Group/Closing Rough Rice Futures
K-12 Directors Win Free SNA Registration in Rice
Federation Contest
Rice growers: Government to pay Rs 5,000 per acre subsidy
Cambodia's rice export up 1.1 pct in 11 months
FAO Food Price Index Broadly Stable
Commerce Ministrys strategic plan to be issued this month
VIETNAM PRESS-Rice export contracts hit 6.9 mln T in
2014 - Vietnam Economic Times
FAO Rice Market Monitor (RMM)
CORRECTED-S.Korea buys 90 T of rice for January
Extreme weather hurts production of Filipino rice farmers
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News Detail.
UPDATE 1-Bangladesh signs

deal to export 50,000 T rice to
Sri Lanka at $450/T
Wed Dec 3, 2014 6:16am EST
(Add pact signed, details)
By Ruma Paul
Dec 3 (Reuters) - Bangladesh signed a pact
on Wednesday to export 50,000 tonnes of
rice to Sri Lanka at $450 a tonne in a first
government-to-government deal, a senior
food ministry official said.
Strong output and good reserves have
prompted the Bangladesh government to
initiate the plan to export rice. Bangladesh
exports a small quantity of aromatic rice, but
this deal would be its first export of nonfragrant coarse rice.The price of rice has
shot up in Sri Lanka after production
dropped due to an 11-month drought, which
experts consider to be the worst in its recent
history.Mohammad Sarwar Khan, director
general of the Bangladesh food department,
and Nalin Fernando, chairman of the Lanka
Sathosa Ltd, signed the deal.
The price included freight and insurance and
the shipment of the parboiled rice would be
within 60 days, the ministry official
said.Bangladesh aims to produce more than
34 million tonnes of rice this year, up from
nearly 33.5 million in the previous year. Its

reserves have risen to more than 1.2 million
tonnes from nearly 1 million tonnes a year
earlier.The world's fourth-biggest rice
producer, Bangladesh consumes almost all
its production to feed its population of 160
million. It often needs to import rice to cope
with shortages caused by natural calamities
such as floods or droughts.
Although it did not import rice during the
last two years, Bangladesh was ranked as the
fourth-largest importer of the grain by the
U.S. Department of Agriculture in 2011,
with a volume of 1.48 million tonnes.In late
2012, the government considered lifting a
four-year-old ban on rice exports to support
farmers as record crops and bulging
domestic reserves pushed prices below
production costs.But prices soared in
January 2013, and the government backed
away from scrapping the export ban.Sri
Lanka's Finance Ministry reduced taxes on
rice imports in April and on pulses in July to
help mitigate the effects of this year's
drought on the market.
($1 = 77.75 Bangladesh Taka = 131.05 Sri
Lankan rupee) (Reporting by Ruma Paul;
editing by David Clarke)
PAU don gets national

recognition

HT
Correspondent,
Hindustan
Times Ludhiana, December 03, 2014
First Published: 18:09 IST(3/12/2014) | Last
Updated: 18:12 IST(3/12/2014)
Professor of Soil Conservation at the Punjab
Agricultural University (PAU), Surinder
Singh Kukal has been selected as fellow of
National Academy of Agricultural Sciences
(NAAS), New Delhi, for his vital
contribution towards developing irrigation
water management strategies for rice-wheat
system. This is the most prestigious award
bestowed upon scientists.PAU vicechancellor BS Dhillon congratulated Dr
Kukal for this achievement. He said, "This is
indeed a great honour for the university."
He hoped that Dr Kukal would continue
serving the farming community with
dedication and devotion in future as
well.Kukal has developed need-based
irrigation water management in rice and
wheat crops. He has been the principal
investigator
of
inter-disciplinary
international research projects on water
management in rice, wheat and maize crops
funded by International Rice Research
Institute (IRRI), Philipinnes; International
Potash Institute, Israel; and Australian
Centre for International Agricultural
Research (Australia).Besides, he has
handled research projects on gully erosion
management in the Shiwalik region of
Punjab funded by department of science and
technology, Government of India.Kukal has
been visiting scientist to CSIRO, Griffith,
Australia where he worked on water
management in rice and wheat grown on
permanent raised beds.
He was invited thrice to present lead papers
at the International Conference on Land
Degradation in Serbia, China and

Thailand.Recently, he had been special
invitee to the plenary meeting of Sustainable
Rice Platform
of
United Nations
Environment
Programme,
and
was
nominated as member of advisory
committee of SRP for the period 201315.Kukal was also the recipient of the 12th
International Soil Science Congress
Commemoration Award (2012) of Indian
Society of Soil Science; Dr G S Khush
Distinguished Professor Award (2013) and
PAU merit certificate for outstanding
contributions to research, teaching and
extension (2011-12). Besides, he has won
best research paper award at the national
level
Source with thanks:
http://www.hindustantimes.com/punjab/ludhiana/pau-dongets-national-recognition/article11292826.aspx#sthash.c4Gd7MvI.dpuf
RGA scholarships open

04 Dec, 2014 02:25 PM
APPLICATIONS for the Ricegrowers
Association of Australias (RGA) Tertiary
Scholarships are now open.
RGA president Les Gordon said the RGA

awards two scholarships to the children or
grandchildren of RGA members to assist
with their tertiary education costs as part of
their commitment to the industrys long term
future.The scholarships are named after two

past leaders of the rice industry, Greg
Graham and Peter Connor. Greg Graham
was president of the RGA when he died
suddenly on New Years Day in 1983. He
was actively involved in the irrigation and
rice industry, as well as his local community
of Deniliquin.
Peter Connor was a leading rice grower in
the Coleambally area, and was vice
president of the RGA as well as a board
member of the Ricegrowers Co-operative
Limited.The Greg Graham Memorial
Scholarship provides $4000 to assist a
student with the costs of tertiary education.
This award is sponsored by Rice Research
Australia Pty Ltd. The Peter Connor Book
Award, awarded to the runner-up of the
Greg Graham Memorial Scholarship winner,
consists of $1300 to put towards the cost of
books and course materials.
Last years winner of the Greg Graham
Memorial Scholarship was Luke OConnor,
Deniliquin, who is studying a Bachelor of
Agricultural Business Management.Luke
said the scholarship significantly helped
fund his university studies and allowed him
to comfortably afford the costs of living
away from home and achieve good results in
all his subjects.We are grateful for the
generous support of Rice Research Australia
and very pleased to be able to offer the
scholarship in 2015. I would encourage
university students who are studying
agriculture related courses to apply for the
scholarship, Mr Gordon said.Applications
close Friday January 16, 2015. Download
forms from the RGA website or call (02)
6953 0433.
RGASource: http://www.rga.org.au
Weeds, Pests & Pathogens

Beware: The Air's
CO2 Content is Rising
Paper Reviewed
Goufo, P., Pereira, J., Moutinho-Pereira, J.,
Correia, C.M., Figueiredo, N., Carranca,
C.,Rosa, E.A.S. and Trindade, H. 2014. Rice
(Oryza sativa L.) phenolic compounds under
elevated
carbon
dioxide
(CO2)
concentration. Environmental
and
Experimental
Botany 99:
28-37.In
introducing their study of the subject,
Goufo et al. note that crop plants
need phenolic compounds "for structural
support, constitutive and induced protection
and defense against weeds, pathogens and
insects," citing Jones and Hartley (1999).
And they note, in this regard, that carbon
dioxide is one of the four major raw
materials that plants need in order to
produce phenolic compounds, the other
three being water, nutrients and light,
additionally citing Bryantet al. (1983),
Coley et al. (1985) and Herms and Mattson
(1992).
With the objective to learn how the ongoing
rise in the atmosphere's CO2 concentration
might influence the production of phenolics
in rice - one of the world's most important
food crops - the eight Portuguese scientists
conducted a two-year field study of a
japonica rice variety (Oryza sativa L. cv.
Ariete) that employed open-top chambers
maintained at either 375 or 550 ppm
CO2 over two entire life cycles of the crop,

during which time numerous plant samples
were collected at five different growth
stages and assessed for occurrence and
amounts
of
many
plant-produced
substances, including phenolics.
This work revealed, according to Goufo et
al., that "during the early stages of plant
development, photosynthates were mainly
used to synthesize proteins and meet the
growth demand of the plant," while the
normal occurrence of growth reduction
typically experienced at maturity "made
more resources available for the synthesis of
phenolic compounds." And they further
report, in this regard, that all plant organs
had higher levels of phenolic acids and
flavonoids in response to "CO2 enrichment
during the maturity stages."
As for the significance of these findings, the

eight researchers write that "phenolic
compounds are emerging as important
defense compounds in rice," particularly
noting
that
the
phenolic
compound tricin "inhibits
the
growth
ofEchinochloa
colonum, Echinochloa
crusgalli, Cyperus
iris and Cyperus
difformis," which they say "are the most
noxious weeds in rice fields," citing Kong et
al.
(2004).
And
they
add
that
several flavonoids "have also been found to
exhibit antibiotic activities against the soilborne
pathogenic
fungi Rhizoctonia
solani and Fusarium oxysporum," which
they say are "the causal agents of rice
seedling rot disease," again citing Kong et
al. (2004), as well as Olofsdotter et al.
(2002). And they thus suggest that the
ongoing rise in the air's CO2 concentration
may well "increase plant resistance to

specific weeds, pests and pathogens," which
should be great news for rice growers.
References
Bryant, J.P., Chapin III, F.S. and Klein, D.R.
1983. Carbon-nutrient balance of boreal
plants
in
relation
to
vertebrate
herbivory. Oikos 40: 357-368.
Coley, P.D., Bryant, J.P. and Chapin III,
F.S. 1985. Resource availability and plant
antiherbivore defense. Science 230: 895899.
Jones, C.G. and Hartley, S.E. 1999. A
protein competition model of phenolic
allocation. Oikos 86: 27-44.
Kong, C., Xu, X., Zhou, B., Hu, F., Zhang,
C. and Zhang, M. 2004. Two compounds
from allelopathic rice accession and their
inhibitory activity on weeds and fungal
pathogens. Phytochemistry 65: 1123-1128.
Olofsdatter,M., Jensen,L.B. and Courtois, B.
2002. Improving crop competitive ability
using allelopathy - an example from
rice. Plant Breeding 121: 1-9.
Posted 3 December 2014
Little Rock Restaurant

Promotion
ARLINGTON, VA -- Fifteen restaurants
that serve U.S.-grown rice will participate in
the USA Rice Federation restaurant
promotion conducted in conjunction with
the 2014 USA Rice Outlook Conference in
Little Rock. Restaurants included on the list
will welcome industry members by
displaying
the
"Proudly
Supporting
America's Rice Farmers" emblem and
featuring rice dishes on their menus.
The participating Little Rock restaurants

expressed enthusiasm for the program and
are looking forward to hosting Outlook
attendees. Many restaurants voiced their
desire to leave the emblem up year-round as
a show of support for U.S. rice farmers.
"Foodservice is an important trend-setting
growth segment for the rice industry," said
Katie Maher, USA Rice's manager of
domestic promotion. "It is so great to see
restaurants serving local ingredients and
using U.S.-grown rice to develop creative
dishes on their menus. We hope that those
in attendance at this year's conference will
show their support for these restaurants that
proudly serve American-grown rice."
This annual promotion helps increase
awareness of U.S.-grown rice among chefs
in the host cities for the USA Rice Outlook
Conference.
Contact: Colleen Klemczewski (703) 2361446

WASHINGTON, DC -- Net rice sales of 152,500 MT for 2014/2015 were reported for Iraq (120,000
MT), Japan (24,700 MT), Guatemala (5,400 MT, including 4,400 MT switched from unknown
destinations, 1,100 MT switched from El Salvador, and decreases of 500 MT), Taiwan (4,000 MT), and
Canada (1,300 MT), according to today's Export Sales Highlights report. Decreases were reported for
unknown destinations (4,400 MT) and El Salvador (1,600 MT).
Exports of 64,400 MT were down 6 percent from the previous week 11 percent from the prior four-week
average. The primary destinations were Honduras (14,600 MT), Mexico (13,800 MT), Guatemala
(10,500 MT), El Salvador (9,400 MT), and Costa Rica (3,100 MT).
This summary is based on reports from exporters from the period November 21-27.
K-12 Directors Win Free SNA Registration in Rice

Federation Contest
Three grand prize winners also get a commercial size rice cooker for their school and a consumer size
rice cooker for their home kitchen, plus 50 lbs. of whole grain rice.
Dec 3, 2014
Students at Viewmont Elementary in Hickory, N.C., enjoy the Chicken Burrito Bowl dish
that won a runner-up award in the USA Rice Federation Healthy Brown Rice on the Menu
Contest.
Three school nutrition professionals won paid
registrations to the 2015 School Nutrition
Association Annual Conference, as well as a
commercial size rice cooker for their school and a
consumer size rice cooker for their home kitchens,
in the USA Rice Federation's Healthy Brown Rice
on the Menu Contest, which focuses exclusively on
whole grain brown rice.
The
winners
in
there
three
categories
are...
Breakfast: Roxanne Szalejko, food service director for Northwood Academy Charter School in
Philadelphia;
Lunch: Kay Briles, head cook/manager at Greenfield Elementary School in Baldwin, Wisc.;
Rice Bowl: Angie Gaszak, nutrition coordinator for Saint Paul (Minn.) Public Schools.
Szalejko's winning breakfast dish was a Coconut Cream Breakfast Brown Rice that included
brown rice, coconut, ginger, cinnamon, cloves and raisins. I am happy that Northwood has

taken an active role in serving healthier school meals," she says. "We take pride in engaging our
students to help increase healthy eating habits, which includes more brown rice."
The lunch dish Briles won for was a Turkey Brown Rice Casserole featuring brown rice, ground
turkey, red onion, red peppers, frozen peas, cream of chicken soup and slivered almonds. They
really enjoy the brown rice and ask for extra, Briles says.
The winning rice bowl served by Gaszak was a Chicken Sofrito Rice Bowl combining brown
rice, chicken stock, diced tomatoes, thyme, garlic jalapeo peppers, onion and chili powder,
finished with red pepper strips and lime juice. Brown rice is such a versatile whole grain menu
item that we can use it in a wide variety of dishes while appealing to our diverse district palates,
meeting our nutritional goals, and keeping the food costs in line," Gaszak says. "Our students
love our brown rice and it has been one of the most widely accepted whole grain menu items.
Two runners-up who will each receive one commercial size Aroma rice cooker for their schools
were Eileen Matt, manager for Excelsior and Oak Ridge Middle Schools in Marion, Iowa, and
Tina Pottorff, supervisor at Viewmont Elementary in Hickory, N.C.
Matt won for her Fiesta Spanish Brown Rice, which uses brown rice, onion, garlic, chicken
stock, tomatoes and oregano. We serve brown rice in our Spanish rice recipe as it is low in fat
and cholesterol and a good source of protein for our students," she says. "It has been well
accepted and they ask when we will be serving it again!
Pottorff was recognized for her Chicken Burrito Bowl, which combines brown rice, corn, black
beans, diced chicken and taco seasoning mix. Students love the burrito bowl, it reminds them of
Chipotle, and its just as delicious!," she says. "The teachers love that it looks home cooked and
is healthy for you.
To participate in the contest, K-12 foodservice directors and menu planners must use U.S.-grown
brown rice as the central ingredient in one or more recipes on their school menus. Each winner
will receive a 50-lb. donation of whole grain rice thanks to USA Rice members InHarvest,
Producers Rice Mill, Riceland Foods, Mahatma Rice, SunWest Foods, and Uncle Bens.
The Grand Prize winners of the 2014 Healthy Brown Rice on the Menu Contest each
receive
Grand
Prize
recipients
are:
Rice growers: Government to pay Rs 5,000 per acre subsidy


Thursday, December-04-2014
Federal Minister for Food Security and Research
Sikandar Hayat Bosan has said that the government
will pay Rs 5,000 per acre as subsidy to the rice
growers to compensate them.Talking to media persons
here on Wednesday, Bosan said that the country's food
security was directly linked with the financial condition
of farmers. He said that the prices of food commodities
were decreasing apace in the international market and
the federal government was committed to ensuring that this phenomenon did not hurt Pakistani
farmers.
The federal minister appreciated the role of small farmers in strengthening the country's food
security. He said that his ministry was willing to join hands with the development sector nongovernmental organisations to deal with the issue of food security and challenges posed by
climate change.
The minister said that the government was in the process of formulating a policy envisaging
measures to reduce the cost of production of different crops. Prime Minister Nawaz Sharif had
constituted a committee under his chairmanship to suggest ways and means to save the crops
from diseases and to reduce the cost of per acre production, he added.He said that the policy
would be prepared in consultation with the Chief Ministers of the provinces to facilitate the
growers.
News Source News Collated by PAKISSAN.com
Cambodia's rice export up 1.1 pct in 11 months

04.12.2014
Cambodia exported 335,925 tons of milled rice in the first 11 months of 2014, a 1.1 percent rise
from 332,099 tons over the same period last year, an official data showed Wednesday.Around 77
companies have brokered the rice from 57 countries and regions around the world, said the data
compiled by the Secretariat of One Window Service for Rice Export.Five main buyers are
France, Poland, Malaysia, China, and the Netherlands.
During the first 11 months of this year, the country exported 61,970 tons to France, 53,150 tons
to Poland, 39,220 tons to Malaysia, 30,646 tons to China, and 30,044 tons to the
Netherlands.Kim Savuth, vice president of the Federation of Cambodian Rice Exporters, said, "a

slight increase in rice exports is due to tough competitions with other countries such as Vietnam
and Thailand."He said his Khmer Food Company exported more than 50,000 tons of milled rice
during the first 11 months of this year.
FAO Food Price Index Broadly Stable

04 December 2014
GLOBAL - Food and Agriculture Organisation's monthly food price index was stable in
November, as vegetable oil and grain prices inched up and offset ongoing declines in dairy
prices.The Food Price Index averaged 192.6 points, marking the third consecutive month of
stability. The Index now stands 13 points, 6.4 per cent below its level in November 2013."The
index appears to have bottomed out with higher probabilities for a rise in its value in coming
months" said Abdolreza Abbassian, senior economist at FAO.After some volatile movements in
recent years, FAO's Food Price Index, a trade-weighted index that tracks prices of five major
food commodities on international markets, is now around its level of August 2010. The Index
aggregates sub-indices for prices of cereals, meat, dairy products, vegetable oils, and sugar.
The FAO Dairy Price Index declined 3.4 per cent
from October and 29 per cent from a year earlier to
average 178.1 points in November, reflecting
increased export availability of dairy products
along with slower imports to large markets such as
China and the Russian Federation.The Sugar Price
Index dropped 3.2 per cent from October to
average 230 points in November, about eight per
cent below their level a year earlier. The recent
decline came as rain in Brazil's main sugar
producing region alleviated concerns about a prolonged drought in the world's largest sugar
exporter.
Some Clouds Over the Northern Winter Wheat Crop
Cereal prices rose significantly for the first time since March as growing conditions for the justsown wheat crop in the Northern hemisphere appear less than ideal. However, rice prices
weakened as newly-harvested supplies arrived to market. The Cereal Price Index averaged 183
points in November, up 2.6 per cent from October, but down 5.8 per cent from a year earlier.

The Vegetable Oil Price Index also rose, increasing 0.7 per cent to 164.9 points - still almost 17
per cent below its level a year earlier - due to lower-than-anticipated global production of
sunflower oil and some slowdown of palm oil production in Malaysia and Indonesia. However,
soy oil prices were weak, dampening the sub-index's rise.
Meat prices were stable in November, although beef and most other types of meats are at historic
highs. The Meat Price Index averaged 210.4 points, in line with its revised value for October
while marking a 13.3 per cent increase from November 2013. Mutton and lamb prices moved
moderately higher during the month.
TheCropSite News Desk
Source with thanks: http://www.thecropsite.com/news/17103/fao-food-price-index-broadlystable#sthash.0hJW7I64.dpuf
Commerce Ministrys strategic plan to be issued this month

BANGKOK, 4 December 2014 (NNT) The
Ministry of Commerces strategic plan is expected
to be completed within this month, while officials
are working towards an effective rice price control
measure and the release of currently stocked rice,
said the Minister. The Minister of Commerce Gen
Chatchai Sarikalya has revealed that the Ministry is
now drafting the strategic plan for the year 2015 as
a master plan for the Ministry of Commerce.
This new strategic plan will include measures to aid in keeping the cost of living down, increase
export strategies, improve of the overall work of the Ministry, and measures to maintain the price
of the agricultural produces such as rice, sugar cane, tapioca, and longan. The plan is expected to
be issued within December. The Commerce Minister has also mentioned about the rice price
maintaining measures that the Ministry has already set up a special committee to work
specifically on this issue.
He has said that the committee will work with the Ministry of Agriculture and Cooperatives
(MOAC) and the Bank for Agriculture and Agricultural Cooperatives (BAAC) to design a price

control policy for low price rice entering the market by March 2015. his price control policy will
depend on the market's situation. The committee must find a way to fix the rice price in advance
for three months with weekly progress reports from the inspector, said the Commerce Minister.
Regarding the release of in-stock rice, the Commerce Minister has said that the authorities are
working to release the rice as quickly as possible to reduce the damage costs from deterioration.
He has said that the new auction for the in-stock rice is expected to take place this month
(December). However, the amount of the rice available for the auction will be further discussed
to prevent the effect on the rice price domestically and in international markets.
Source
with
thanks
http://thainews.prd.go.th/CenterWeb/NewsEN/NewsDetail?NT01_NewsID=WNECO571204001
0004#sthash.P2ituiVz.dpuf
VIETNAM PRESS-Rice export contracts hit 6.9 mln T in 2014 Vietnam Economic Times
By REUTERS
PUBLISHED: 01:02 GMT, 4 December 2014 | UPDATED: 01:02 GMT, 4 December 2014
Vietnamese companies have signed rice export deals totalling 6.9 million tonnes so far this year,
up 1.54 percent from a year earlier, of which around 6 million tonnes have been loaded, based on
industry reports, the Vietnam Economic Times newspaper reported.The total export volume this
year could be between 6.3 million and 6.5 million tonnes, excluding the grain sold across the
land border to China, according to the Vietnam Food Association, the report said.--NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by
Hanoi Newsroom; Editing by Anand Basu)
Source with thanks: http://www.dailymail.co.uk/wires/reuters/article-2860057/VIETNAM-PRESS-Rice-export-contracts-hit-6-9-mln-T-2014--VietnamEconomic-Times.html#ixzz3L476IjSN
FAO Rice Market Monitor (RMM)

The FAO Rice Market Monitor (RMM) provides an analysis of the most recent developments in
the global rice market, including a short-term outlook. Presently, the full document is available
only in English but highlights are available in Spanish and French. Monthly updates of selected
rice export prices are available on the FAO Rice Price Update.

FAO Rice Market Monitor, October 2014, Volume XVII - Issue No. 3
ROUND-UP
The 2014 paddy season is at an advanced stage of progress, as the major producers in the
Northern Hemisphere are now engaged in the harvesting of their main 2014 crops, with some
also preparing the land for their 2014 secondary crops. Since the release of the RMM in July,
prospects for global paddy production have worsened substantially, mostly because of erratic
weather conditions, including late arrival of rains or lingering droughts, which were often
followed by heavy downpours and floods. These, together with a possible manifestation of an El
Nio weather anomaly in the coming months, even if a weak intensity, have led to a lower
forecast for global rice production in 2014 of 744.4 million tonnes (496.4 million tonnes, milled
basis), about 6.5 million tonnes less than predicted in July. Under current expectations, global
paddy production would be marginally (0.4 percent) lower than the 2013 estimate, marking a
third year of below trend growth.
The disappointing 2014 season results would mostly be linked to the poor performance of crops
in Asia, where production is now forecast to fall by close to 5 million tonnes, or 0.7 percent. If
confirmed, this would be the first contraction (albeit modest) registered by the region since 2009.
Much of it would be associated with a 2.4 percent decline in India, following an irregular pattern
of the monsoon. Unfavourable weather conditions are also expected to result in falling output in
Indonesia, Cambodia, Nepal, Pakistan, the Philippines, Sri Lanka and Thailand.
In the case of Thailand, the decline would also be associated with the February 2014 abolition of
the rice pledging scheme, which had guaranteed high prices to farmers since 2011. Although
adverse climatic conditions also affected crops in Bangladesh and China, prospects for output in
those countries still indicate an increase from last year. On the other hand, favourable growing
conditions are anticipated to underpin production in Viet Nam, despite a small, price and policydriven, reduction in plantings. In Africa, expectations for the season also deteriorated over the
past three months, mainly on less optimistic prospects over crops in Madagascar, but also in
Egypt and in western African countries. Paddy production in the region is now foreseen to reach
27.6 million tonnes, barely 1 percent more than in 2013, mostly sustained by the recovery in
Madagascar.
The outlook remains positive for crops in Eastern African countries, but points to a stagnation of
output in Western Africa, amid late and poorly distributed rains, and to an area-led contraction in
Egypt. Prospects for crops in Latin America the Caribbean have, likewise, been scaled back
since the last issue of the report, mainly on account of Colombia, Ecuador and Venezuela. The
regions aggregate paddy production is nonetheless set to increase by a modest 0.6 percent to
28.3 million tonnes.
Gains in Brazil, Guyana and Paraguay would largely support the expansion, more than making
up for declines in Colombia, Ecuador, Peru, Uruguay and Venezuela and in the central part of

the continent, where severe water deficits crippled crops. The 2014 season in Europe is expected
to progress by 2.8 percent to 4.1 million tonnes, supported by a strong recovery in the Russian
Federation and a small rise in the EU. In North America, the United States downward revision
of plantings curbed the production forecast for the country 9.9 million tonnes, which would
nonetheless represent a 15 percent recovery from 2013. In Oceania, the 2014 crop harvested by
Australia in the first quarter of the year, although slightly upgraded, is estimated to have fallen
28 percent short of the 2013 excellent outcome, as insufficient water for irrigation constrained
plantings.
Strong import demand, combined with ample supplies held by major exporting countries, is
expected to boostworld rice trade in 2014 by 7 percent to a 39.7 million tonne record. Imports
are predicted to increase in all major geographical regions, especially Asia, where important
buyers, such as Bangladesh, Indonesia, the Philippines and Sri Lanka, face the need to
reconstitute reserves and to lower food inflation. Among exporters, Thailand is expected to meet
much of the trade expansion, largely at the expense of India, which, nonetheless, may retain its
position as the prime exporter. The return of competitively priced Thai supplies is also envisaged
to negatively impact deliveries by Viet Nam. Australia, China (Mainland), Ecuador, the United
States, the Russian Federation and Uruguay are also forecast to export less in 2014.
Despite the disappointing 2014 production outlooks, world rice trade in 2015 is currently
forecast to be only 0.7 percent higher year-on-year, at about 40 million tonnes. Indeed, while the
relatively poor results of the season would require several countries to step up imports in
calendar 2015, part of the production shortfalls is likely to be filled by drawing supplies from
national reserves. African countries, especially Cote DIvoire, Nigeria and Senegal, would
contribute most to the increase in world imports.
Although purchases by Asian nations are anticipated to stay high, amid output setbacks and
lingering pressure on domestic prices, they may retreat somewhat compared with 2014, on

reduced demand by Indonesia, the Philippines and Sri Lanka. In Latin America and the
Caribbean, weather induced losses are expected to keep demand firm, which would contrast with
import cuts in North America, namely the United States, and largely stable requirements in
Europe. Among exporters, Thailand is predicted to expand deliveries further in 2015, reestablishing its position as the worlds leading supplier of rice. Shipments from Australia,
Cambodia, China (Mainland), Myanmar, Pakistan, the United States and Viet Nam are also
anticipated to end above their 2014 levels. On the other hand, the poor 2014 production
performance and larger domestic requirements may curb exports by India further over the course
of 2015.
FAO has lowered its forecast of world rice utilization in 2014/15 by 2.0 million tonnes to 500.3
million tonnes (milled basis). Nonetheless, the revised figure continues to suggest a 1.7 percent
expansion in global rice utilization, largely on account of a 5.2 million tonne increase in world
food use, which would support a small gain on a per caput basis to 57.5 kg in 2014/15.
Quantities destined to seed, non-industrial uses and post-harvest losses are also set to rise.
FAO currently forecasts global rice carryovers in 2015 at 177.7 million tonnes (milled basis),
which is some 2.0 million tonnes less than reported in the July issue of the RMM. The revision
mainly mirrors expectations of sharper draw-downs in India, due to the deteriorated production
outlook for the country, and in Thailand, based on more buoyant export prospects. At 177.7
million tonnes, world rice inventories in 2015 would stand 2 percent below the historical highs
recorded in 2014, marking the first world carry-over contraction to occur in a decade. Taking
into account projected utilization levels, this would position the global stocks-to-use ratio at 34.8
percent in 2014/15, down from an estimated 36.3 percent a year earlier, but higher than a fiveyear average of 33.3 percent. Reflecting expectations of sizeable draw downs in India and
Thailand, the five major rice exporters are expected to trim their inventories by 8 percent to 44.6
million tonnes in 2015, resulting in the stock-to-disappearance ratio dipping from 27.7 percent in
2013/14 to 25.1 percent in 2014/15.

Following two months of steady gains, the FAO All
Rice Price Index (2002-2004=100) rose by 1 percent in
August to an average of 242 points, underpinned by
seasonal tightness and strong import demand. This was
particularly the case in the Indica and Aromatica
segments, which accounted for all of the months
strengthening, while the Japonica Index stabilized
around a high value of 263 points. The price firmness
was sustained until September, when newly harvested
crops tended to weigh on Indica quotations.
Looking ahead, international rice prices could come
under increasing downward pressure from the progress
of main-crop harvests in northern hemisphere countries. Indeed, concerns that lower production
in India, Pakistan and Thailand, will be supportive of international quotations are attenuated by
prospects of still above-average harvests in these countries, as well as abundant inventories
amassed through years of uninterrupted output gains. Against this backdrop, policies will
continue playing a particularly influential role, especially those concerning the disposal of stocks
in key global suppliers.
Wheat People vs. Rice People
CORRECTED-S.Korea buys 90 T of rice for January

Thu Dec 4, 2014 6:44am GMT
(Corrects spelling of Korea Agro in paragraph 1)

By Meeyoung Cho
Dec 4 (Reuters) - South Korea bought 90 tonnes of
non-glutinous rice of Thai origin for January arrival via a
tender closed on Nov. 24, the state-run Korea Agro-fisheries &
Food Trade said on its website (www.at.or.kr).
Details of the purchases are as follows:
TONNES GRAIN TYPE
SUPPLIER
PRICE($/T)
90 Milled Long Hanwha Corp
$1,045.00
Arrival for the products is scheduled for Jan. 31, 2015 to
the port of Busan.
* Note: The agency sought U.S. No. 1 products.
(Reporting By Brian Kim; Editing by Sunil Nair)

Thomson Reuters 2014 All rights reserved
Extreme weather hurts production of Filipino rice farmers

December 3, 2014
Countries heavily reliant on agriculture are already feeling the effects of extreme
weather. According to a United Nations report the poor will be hit the hardest.
Filipino farmers are among the hardest hit. CCTV Americas Barnaby Lo
reported this story.For more than four decades now, 57-year old Guillermo Joson
has been toiling in the vast plains of the northern Philippine province of Nueva
Ecija.
This region is often referred to as the countrys
rice granary. But Joson says the past few years
have been difficult.In recent years, typhoons
seem to come just when we are about to harvest.
When they do, they can destroy a huge portion of
what weve planted, he said.And if it isnt the
deluge of water, its the lack of it. El Nio- a
weather pattern characterized by a dry spell may
start taking its toll on Filipino farmers soon. Its
extreme weather that is being attributed, at least in part, to climate change.
Scientists say the earths temperature has increased by almost one degree Celsius since the
Industrial Revolution. Two more degrees and it could have devastating effects, especially on
agriculture. In the Philippines, this could mean an estimated 10-15 percent decrease in crop
production for every increase of one degree Celsius.That is based on a threshold of 34, 35
degrees. And every degree above this threshold will increase sterility of rice by 10-15 percent.
Sterility means the grains will be produced but they are empty, Dr.Bjorn Ole Sander from the
International Rice Research Institute said.
And as the law of supply and demand dictates, a drop in food production could drive up food
prices, which in turn could mean less food on the table for those who cannot afford and for
farmers, a loss in income. Rice is our only source of income so if we are not able to harvest
enough, we dont earn enough, and our families suffer, Joson said.To help farmers cope with
the effects of climate change, the International Rice Research Institute has been developing
climate-adaptive varieties of rice as well as new irrigation techniques.

CME Group/Closing Rough Rice Futures
CME Group (Prelim): Closing Rough Rice Futures for December 4
Month
Price
Net Change
January 2015
$12.120
- $0.020
March 2015
$12.375
- $0.020
May 2015
$12.625
- $0.020
July 2015
$12.825
- $0.020
September 2015
$12.100
UNCH
November 2015
$12.000
UNCH
January 2016
$12.000
UNCH
Japan Announces Results of 8th Ordinary Import Tender in FY

2014

Country of
Origin
Variety
Number of
Importer
Quantity (MT)
Participated
Bidders
Amount of
Bids (MT)
USA
Non-glutinous
milled rice
(medium grain)
25,000
17
211,000
Australia
Non-glutinous
milled rice
(medium grain)
12,000
Thailand
Non-glutinous
milled rice
21,000
29
230,000
58,000
46
414,000
JPY 96,224/mt
(tax excluded)
JPY 103,922/mt
(tax included)
(long grain)
Grand Total
Avg Price for

Successful Bids

WASHINGTON, DC -- Net rice sales of 152,500 MT for 2014/2015 were reported for Iraq (120,000
MT), Japan (24,700 MT), Guatemala (5,400 MT, including 4,400 MT switched from unknown
destinations, 1,100 MT switched from El Salvador, and decreases of 500 MT), Taiwan (4,000 MT), and
Canada (1,300 MT), according to today's Export Sales Highlights report. Decreases were reported for
unknown destinations (4,400 MT) and El Salvador (1,600 MT).
Exports of 64,400 MT were down 6 percent from the previous week 11 percent from the prior four-week
average. The primary destinations were Honduras (14,600 MT), Mexico (13,800 MT), Guatemala
(10,500 MT), El Salvador (9,400 MT), and Costa Rica (3,100 MT).
This summary is based on reports from exporters from the period November 21-27.

4th December, 2014 Daily Global Rice E-Newsletter by Riceplus Magazine

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Daily Global Rice E-Newsletter by Riceplus Magazine

Daily Global Rice E-Newsletter

Vol 4, Issue XII

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Wheat People vs. Rice People

CORRECTED-S.Korea buys 90 T of rice for January

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