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January 16, 2015

Daily Exclusive ORYZA


www.ricepluss.com
E-Newsletter

Volume 5, Issue I
Chief Editor:Hamlik
For Advertisement & Specs:

Mujahid Ali
mujahid.riceplus@gmail.com

Cell: +92 321 36 92874

Compiled & Edited by

Riceplus Magazine
www.ricepluss.com

New Detail

Global Rice Quotes


January 15th, 2015
Long grain white rice - high quality
Thailand 100% B grade 415-425
Vietnam 5% broken
375-385
India 5% broken
395-405
Pakistan 5% broken
370-380
Cambodia 5% broken 450-460
U.S. 4% broken
510-520
Uruguay 5% broken
NQ

Argentina 5% broken NQ

Long grain white rice - low quality


Thailand 25% broken NQ

Vietnam 25% broken 340-350


Pakistan 25% broken 325-335
Cambodia 25% broken 430-440

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Rice

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India 25% broken
U.S. 15% broken

360-370
495-505

Long grain parboiled rice


Thailand parboiled 100% stxd 405-415

Pakistan parboiled 5% broken stxd


400-410
India parboiled 5% broken stxd 385-395

U.S. parboiled 4% broken


580-590

Brazil parboiled 5% broken


570-580

Uruguay parboiled 5% broken NQ

Long grain fragrant rice


Thailand Hommali 92%
925-935
Vietnam Jasmine
505-515

India basmati 2% broken


NQ

Pakistan basmati 2% broken


NQ

Cambodia Phka Mails 805-815

Brokens
Thailand A1 Super
320-330

Vietnam 100% broken 325-335

Pakistan 100% broken stxd


290-300
Cambodia A1 Super
355-365

India 100% broken stxd


300-310
Egypt medium grain brokens NQ

U.S. pet food 405-415

Brazil half grain


NQ

All prices USD per ton, FOB vessel, oryza.com

August Floods Reduce Pakistan Rice


Production to 8.44 Million Tons, Down
Nearly 20% from Last Year, Says SUPARCO
Jan 15, 2015

The Pakistan Space and Upper Atmosphere Research Commission (SUPARCO) has estimated in
its latest report that Pakistan FY 2014-15 (July - June) paddy rice production will reach at about
8.437 million tons (about 5.65 million tons, basis milled), down about 19% from about 10.04
million tons (about 6.72 million tons, basis milled) produced last year.The report said that the
rice production mainly declined due to floods that hit the main rice producing state, Punjab, in
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the month of August. About 217,000 tons of paddy is said to be lost in the Punjab state,

according to the report.


According to the report, Pakistan's rice acreage has estimated at about 3.29 million hectares and
yield is estimated at about 2.57 tons paddy per hectare in FY2014-15.In December 2014, the
average basmati paddy rice prices stand at about Rs.3,000 per 40 kilogram (about $757 per ton,
using current exchange rate) and average price for IRRI paddy stand at about Rs.700-750 per 40
kilogram (about $178 - $189 per ton, using current exchange rate), according to the report.

CAP Policy to Cut EU Funds for Italian Rice


Farmers
Jan 15, 2015

Rice for risotto may get a bit more expensive. EU funds for
Italian rice farmers will be declining under the regions
current CAP policy. The exact amount has been illustrated by
Enrico Losi of Ente Nazionale Risi, the National agency for
rice, in the annual meeting with farmers held in Novara this
week. The general trend is that all the contributions will be
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reduced within 2020: as for rice farming, the situation could be worse than the current result,
according to the agency. The Italian Government decided to support the sector, introducing again
direct help for about 100 euros (about $ 117) per hectare; so, he added, the situation seems less
dire than it could be.The summing up of direct payment and general contributes from CAP varies
if the company has always grown just rice, or grown rice along with other crops, or has never
grown rice, and decides to start growing it in 2015.

Oryza Global Weather Outlook


Jan 15, 2015

Light rain is expected across the South-western Yangtze Valley and western South China this
week.A few rain showers are expected in northern India this week, which could slow the
harvesting of kharif rice.
Weather is expected to remain dry in Bangladesh.
A few rain showers are expected in western Pakistan this week.
In Indonesia, rain is expected in southern Sumatra, Kalimantan, East Malaysia, Sulawesi, and
Java this week, which should maintain sufficient moisture for main season rice growth.
Light rain is expected in central Vietnam this week, likely slowing the main season harvest
there.
Abundant rains in north-western Thailand in last week slowed main season harvesting, but
should improve moisture conditions for second season rice.
Rain is expected in many parts of the Philippines this week, which will likely slow second
season rice harvesting, especially in southeaster areas.
Rain is expected in Centre-south Brazil and few showers are also expected in Northwest Brazil
this week, maintaining sufficient moisture for rice growth there.
Light rain is expected northern Uruguay and north-eastern Argentina this week.

Oryza Afternoon Recap - Chicago Rough


Rice Futures Rebound Following Yesterday's
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Steep Losses and despite Negative Macros


and Falling Grains
Jan 15, 2015

Chicago rough rice futures for Mar delivery settled 18 cents per cwt (about $4 per ton) higher at
$11.330 per cwt (about $250 per ton). Rough rice futures bounced higher today, erasing a good
portion of yesterdays losses but not before charting a fresh low of $11.065 per cwt (about $244
per ton) overnight. Although the market managed a higher close, prices were unable to break
through yesterdays high and the current bearish tilt remains in place. Traders would like to see a
continuation of todays move in the coming session as a signal that the market may have indeed
bottomed and that a bullish reversal is underway.
Market participants will keep an eye on resistance just below the $11.500 per cwt (about $254
per ton) as a key level of resistance in tomorrow session on a move to the upside, while a failure
lower would likely signal a move towards $11.000 per cwt (about $243 per ton). The other grains
finished lower, led by steep losses in soy products; Soybeans closed about 1.8% lower at $9.9100
per bushel; wheat finished about 0.93% lower at $5.3275 per bushel, and corn finished the day
about 0.3% lower at $3.8000 per bushel.
U.S. stocks fell for a fifth session on Thursday, as investors considered the price of crude,
disappointing quarterly results from large U.S. banks, and an unexpected move by Switzerland's
central bank, which gave up its minimum exchange rate. A measure of manufacturing in the New
York region climbed to 9.95, above estimates. Other reports had wholesale prices falling 0.3
percent in December, and a larger-than-expected number filing for jobless benefits last week, up
by 19,000 to 316,000. Relinquishing a 90-point gain, the Dow Jones Industrial Average fell as
much as 129 points, and was lately down 73.13 points, or 0.4%, at 17,353.96.
The S&P 500 dropped 13.35 points, or 0.6%, to 1,997.92, with technology hardest hit and
utilities the best performer among its 10 major industry groups. The Nasdaq shed 53.01 points, or
1.1%, to 4,586.31. Gold is trading about 2% higher, crude oil is seen trading about 3.8% lower,
and the U.S. dollar is seen trading about 0.3% higher at about 1:00pm Chicago time.Wednesday,
there were 658 contracts traded, up from 576 contracts traded on Tuesday. Open interest the
number of contracts outstanding on Wednesday increased by 165 contracts to 8,608.

Libya Tenders to Buy 25,000 Tons of Rice


Jan 15, 2015

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A Libyan state grain buying agency has


tendered to buy as much as 25,000 tons of
5% broken rice prackaged in 25 kilogram
bags, Reuters reports. The agency is also
reported to tender to buy 50,000 tons of
milling wheat. No formal tender
deadlines were provided.

Oryza Overnight Recap - Chicago Rough


Rice Futures Seen Mixed on Light Overnight
Trading
Jan 15, 2015

Chicago rough rice futures for Mar delivery are currently listed 3 cents per cwt (about $1 per
ton) higher at $11.180 per cwt (about $246 per ton) ahead of floor trading in Chicago. The other
grains are seen higher this morning: soybeans are currently seen 0.6% higher, wheat is listed
about 1.3% higher and corn is currently noted about 1.4% higher.U.S. stock-index futures rose
on Thursday, as crude's climb above $50 a barrel overrode U.S. economic reports and an
unexpected move by the Swiss National Bank, which abandoned its peg against the euro. U.S. oil
futures rose as high as $51.27 a barrel, and were lately up 3.8% at $50.30 a barrel on the New
York Mercantile Exchange.
The government said wholesale prices fell 0.3% in December, while another Labor Department
report had a larger-than-expected number of Americans filed for jobless benefits last week, with
claims rising by 19,000 to 316,000. Swiss stocks tumbled 10% and the Swiss franc soared as
much as 30% against the euro and traded 12% higher against the dollar, after the bank ditched its
three-year-old cap against the euro. The move initially pressured both European stocks and U.S.
stock futures lower. German bond yields hit record lows and gold prices 1.7% to $1,250 as
investors flocked to safety. Gold is currently trading about 1.5% higher, crude oil is seen trading
about 1.5% higher, and the U.S. dollar is currently trading unchanged at 8:30am Chicago time.

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Thailand, India Rice Sellers Increase Their


Quotes; Vietnam Rice Sellers Lower Some of
Their Quotes
Jan 15, 2015

Thailand rice sellers increased their quotes for Thai Hommali rice by about $30 per ton to about
$925 - $935 per ton today. Vietnam rice sellers lowered their quotes for 25% broken rice and
Jasmine rice by about $5 per ton each to about $340 - $350 per ton and $505 - $515 per ton,
respectively. India rice sellers increased most of their quotes by about $5 per ton. Pakistan rice
sellers kept their quotes mostly unchanged today.
5% Broken Rice
Thailand 5% rice is quoted at around $405 - $415 per ton, about $30 per ton premium on
Vietnam 5% rice shown at around $375 - $385 per ton.
India 5% rice is quoted at around $395 - $405 per ton, up about $5 per ton from yesterday and
about $25 per ton premium on Pakistan 5% rice quoted at around $370 - $380 per ton.
25% Broken Rice
Thailand 25% rice was last quoted at around $350 - $360 per ton, about $10 per ton premium on
Vietnam 25% rice shown at around $340 - $350 per ton, down about $5 per ton from yesterday.
India 25% rice is quoted at around $360 - $370, up about $5 per ton from yesterday and about
$35 per ton premium on Pakistan 25% rice quoted at around $325 - $335 per ton.
Parboiled Rice
Thailand parboiled rice is quoted at around $405 - $415 per ton.
India parboiled rice is quoted at around $385 - $395 per ton, up about $5 per ton from
yesterday and about $15 per ton discount to Pakistan parboiled rice quoted at around $400 $410 per ton.
100% Broken Rice

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Thailand broken rice, A1 Super, is quoted at around $320 - $330 per ton, about $5 per ton
discount to Vietnam 100% broken rice shown at around $325 - $335 per ton.
India's 100% broken rice is shown at around $300 - $310 per ton, up about $5 per ton from
yesterday and about $10 per ton premium on Pakistan broken sortexed rice quoted at around
$290 - $300 per ton.

Where Do You Get Your Information About


Rice Science, Research, and Policy?
Jan 15, 2015

The International Rice Research Institute (IRRI) seeks to


understand where people working in rice get their information
about rice science, research, and policy.To provide your own
feedback, we encourage you to participate in this survey:

https://www.surveymonkey.com/s/MediaRice

A Japanese Take on Chinese Fried Rice


Jan 15, 2015

Fried rice is a delicious staple enjoyed around the world. The Japanese have their own take on
Chinese fried rice that is a lighter version cooked in an electric rice cooker rather than an oiled
wok. The magic ingredient is Weipa, a fried rice condiment that is popular in the Japanese
interpretation of Chinese food. Weipa is a Chinese soup stock/mix, or bouillon, made of
vegetable and animal proteins. You can find Weipa at many Chinese supermarkets.
What You Need:
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2 cups of rice
1 tablespoon of Weipa
1/2 a leek
Other veggies, like carrots or mushrooms consider leftovers hanging out in your fridge or
whatever is in season
Ginger (optional)
What You Do:
Slice the ginger and dice the leek into bite-size pieces.
Put the rice and the appropriate amount of water (consult your rice cookers instructions) in the
rice cooker.
Add all other ingredients (ginger, leek, veggies, and Weipa).
Turn on the rice cooker.
Youll have a rich dish of fried rice in no time!
Note: If youre feeling adventurous or just want to change things up, consider adding some
sesame oil or egg to the rice when its finished for a more complex flavor.

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