3rd June, 2015 Daily Global Rice E-Newsletter by Riceplus Magazine

1
June 3,2015
www.riceplusmagazine.blogspot.com | www.ricepluss.com
Contact for Advertisment : mujahid.riceplus@gmail.com Cell # 92 321 369 2874
Dutch 'paddy power' pulls electricity from rice fields

Agence France-Presse, Wageningen, Netherlands | Business | Wed, June 03 2015, 12:01 PM
Dutch scientists have developed a revolutionary system that could one day help isolated villages
around the world steadily generate electricity from mundane water-logged plants such as rice
growing in paddy fields."It's based on the principle that plants produce more energy than they
need," said Marjolein Helder, co-founder of Plant-e, which makes products that harvest energy
from living plants."The advantage of this system over wind or solar is that it also works at night
and when there's no wind," she told AFP.Founded in 2009, Plant-e is perfecting a system
originally dreamt up at Wageningen University and patented in 2007.All that the system requires
to produce electricity is a plant growing in water, be it mangrove swamps, rice paddies, bogs or
simply in a pot or your garden.
"It's just the beginning and lots of things still need to be greatly improved, but the potential is
enormous," said Jacqueline Cramer, professor of sustainable innovation at Utrecht University
and former Dutch environment minister."If the system becomes good enough, it could provide
electricity for isolated areas or even be installed in our cities and countryside to produce clean
electricity," she told AFP.The technology harnesses the excess organic matter produced by the
plant during photosynthesis, which is expelled through the plants roots and consumed by microorganisms.That consumption frees up electrons, which can then be harvested by placing carbon
electrodes close to the roots to generate electricity.
Getting power from plants is not new, "but here we don't need to damage the plant, it's a noninvasive system," said Helder.Electricity stops being produced if the water evaporates or freezes,
but "you just need to add water or wait for the ice to melt," she said."In many parts of the world
they don't have this kind of problem."Plant-e, based in Wageningen in the eastern Netherlands,
currently sells a system consisting of 50-centimetre (around 20-inch) square plastic plates
containing the technology that can slot together and hold the plants.This system is designed for
parks or rooftops, but comes with a hefty price tag: 60,000 euros ($66,000) to cover 100 square
meters.But the flagship product is still being developed: tubes that can be quickly and easily
submerged to start generating electricity in a watery area.
The system's potential is vast, but particularly suited to Southeast Asia, with its rice fields,
mangrove swamps and other wetlands where electricity is often unavailable.Less than a third of
the population of Cambodia has access to electricity and less than half in Myanmar. In
Bangladesh, 55 percent of people have electricity and in Laos 66 percent, according to the World
Bank.But Plant-e, which manages to survive thanks to subsidies, still has a long way to go: the
product's cost and efficiency must be vastly improved.Currently, a 100-square metre system
provides enough electricity to charge a mobile phone, power some LED lights or a wireless
Internet access point.But in "a few years", Plant-e hopes that a similar-sized system will provide
2,800 kilowatt-hours, or around 80 percent of the electricity needs of an average Dutch family of
2.2 people.
Two large-scale systems have been installed in the Netherlands on a road bridge and a hi-tech
startup campus at a total cost of 120,000 euros, with the support of municipal authorities."We
wanted to help develop this technique which has enormous potential," said Bas Boeker, who
manages state-owned properties including the startup campus.Initial results are encouraging, say
the developers, and the problems are not necessarily those you would expect: the LED lamps on
the road bridge project have already been destroyed by vandals
http://www.thejakartapost.com/news/2015/06/03/dutch-paddy-power-pulls-electricity-ricefields.html#sthash.TqhMrECs.dpuf
Thai rice export this year to reach 10 million tons

BY EDITORON 2015-06-03THAILAND
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Rice export this year to reach 10 million tons
BANGKOK: Rice export this year is expected to reach 10 million tons, Commerce Minister Gen Chatchai
Sarikulya said.
Gen Chatchai was confident in the rice export as within the next few months three million tons
will be sold. He said the Department of Foreign Trade will announce auction of one million tons
of rice in government stockpiles this month.The one million tons of rice consists of both quality
rice and substandard rice.He believed the lot will be sold out due to high demand in the market
following the end of the off-season rice cultivation period.Gen Chatchai said since the beginning
of this year, close to three million tons of rice has been released from the governments
stockpile.He said in July this year, Thailand will also sell one million tons of new rice and one
million tons of old rice to China on a G2G contract.Thailand has already delivered 400,000 tons
of rice to China under a previous contract for the purchase of one million tons of rice that was
signed last year.
Another 100,000 tons will soon be delivered in accordance with this contract.With the high
demand in the market, the commerce minister expressed confidence that rice exports would
reach 10 million tons this year.
Source: http://englishnews.thaipbs.or.th/rice-export-this-year-to-reach-10-million-tons
PAKISTANS BASMATI RICE NEEDS PROTECTION:

FPCCI
Amanullah Khan
Wednesday, June 03, 2015 - KarachiAbdul Rahim Janoo, Sr. Vice President of The
Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has urged the Federal
Commerce Minister, Engr. Khurram Dastgir Khan, to thwart the Indian move to get its Basmati
Rice registered and protected in global trade. Taking note on an article published in a newspaper,
The FPCCI Sr. Vice President in his letter has warned the Commerce Ministry, This is a high
time for the Ministry to pre-empt the Indian move because in case if India succeeds, Pakistan
will not be able to export its Basmati Rice in the name, style and title of BASMATI.Rahim
Janoo further added that it would have a far-reaching negative impact on Pakistans economy as
rice holds an extremely important position in national economy. He elaborated that Pakistan had
earned $ 2.1 billion dollar foreign exchange through exports of rice in the year 2014, which is the
second highest export item from Pakistan after Textiles.
4
Pakistan is the worlds fourth largest producer of rice after China, India and Indonesia and
millions of farmers rely on rice cultivation as a major source of employment, he
informed. Rahim, therefore, underscored the need for taking necessary measures to safeguard the
interest of indigenous Basmati Rice farmers and exporters in general and national economy in
particular in the said matter. http://pakobserver.net/detailnews.asp?id=265466
Thai rice export this year to reach 10 million tons

BY EDITORON 2015-06-03THAILAND
Rice export this year to reach 10 million tons
BANGKOK: Rice export this year is expected to reach

10 million tons, Commerce Minister Gen Chatchai Sarikulya
said.Gen Chatchai was confident in the rice export as within
the next few months three million tons will be sold. He said
the Department of Foreign Trade will announce auction of
one million tons of rice in government stockpiles this
month.The one million tons of rice consists of both quality
rice and substandard rice.He believed the lot will be sold out due to high demand in the market
following the end of the off-season rice cultivation period.Gen Chatchai said since the beginning
of this year, close to three million tons of rice has been released from the governments
stockpile.He said in July this year, Thailand will also sell one million tons of new rice and one
million tons of old rice to China on a G2G contract.Thailand has already delivered 400,000 tons
of rice to China under a previous contract for the purchase of one million tons of rice that was
signed last year.Another 100,000 tons will soon be delivered in accordance with this
contract.With the high demand in the market, the commerce minister expressed confidence that
rice exports would reach 10 million tons this year.
Source: http://englishnews.thaipbs.or.th/rice-export-this-year-to-reach-10-million-tons
PAKISTANS BASMATI RICE NEEDS PROTECTION:

FPCCI
Amanullah Khan
Wednesday, June 03, 2015 - Karachi

Abdul Rahim Janoo, Sr. Vice President of
The Federation of Pakistan Chambers of
Commerce & Industry (FPCCI) has urged
the Federal Commerce Minister, Engr.
Khurram Dastgir Khan, to thwart the
Indian move to get its Basmati Rice registered and protected in global trade. Taking note on an
article published in a newspaper, The FPCCI Sr. Vice President in his letter has warned the
Commerce Ministry, This is a high time for the Ministry to pre-empt the Indian move because
in case if India succeeds, Pakistan will not be able to export its Basmati Rice in the name, style
and title of BASMATI.
Rahim Janoo further added that it would have a far-reaching negative impact on Pakistans
economy as rice holds an extremely important position in national economy. He elaborated that
Pakistan had earned $ 2.1 billion dollar foreign exchange through exports of rice in the year
2014, which is the second highest export item from Pakistan after Textiles. Pakistan is the
worlds fourth largest producer of rice after China, India and Indonesia and millions of farmers
rely on rice cultivation as a major source of employment, he informed. Rahim, therefore,
underscored the need for taking necessary measures to safeguard the interest of indigenous
Basmati Rice farmers and exporters in general and national economy in particular in the said
matter. http://pakobserver.net/detailnews.asp?id=265466
First-crop paddy production stands at 550,000 tonnes

Sowing of second crop already underway
June 2, 2015
SOME 98 per cent of the 97,000 hectares of rice lands under cultivation for the first crop of 2015
has been harvested to date; and production stands at 550,000 tonnes of paddy, from which
360,000 tonnes of rice have been processed. The two per cent of rice lands still to be harvested
are in Regions Five (Mahaica/Berbice) and Six (East Berbice/ Corentyne).Head of the Guyana
Rice Producers Association (RPA), Mr Dharamkumar Seeraj, in an invited comment yesterday,
told the Guyana Chronicle that the average yield to date is 5.7 tonnes of paddy per hectare, and
that this is a record high. He said that prices being paid to farmers are as follows: the extra Agrade quality rice is attracting sums of between $3,200 and $3,300 per bag, while the lowest
graded quality of rice is being sold at prices of between $2,400 and $2,600 per bag. Rice that has
been graded at A, B and C are priced at between $2,800 and $3,300 per bag.Last year was
another record-breaking year for the rice industry. Production was recorded at 635,238 tonnes, of
which 501,208 tonnes were exported. Production in the final crop of 2014 surpassed that of the
first crop, which recorded just over 300,000 tonnes. Comparatively, the first crop of 2015 has
been significantly better.
SECOND CROP UNDERWAY
Seeraj noted that, with only two per cent of the rice crop left to be harvested, land preparation for
the second rice crop of 2015 has been completed in most of the rice producing regions. Land
preparation continues in Regions 5 and 6, he said.He also said that sowing has commenced in
Regions 2 (Pomeroon/Supenaam), 3 (Essequibo Islands/West Demerara) and 4 (Demerara/
Mahaica). So far, we have sown 1,900 hectares in Region 2; another 2,100 hectares in Region 3;
and 3,700 hectares in Region 4. In Regions Five and Six, 27,200 hectares and 4,000 hectares has
been sown respectively, Seeraj said.The RPA Head noted that, given the weather conditions, the
high levels of rainfall, minor losses of rice is expected in Region 2, which traditionally starts
and ends its rice crop earlier than the other regions.We will lose some rice not much in
Region 2. It will be the early rice, he said.
EXPORTS
On the question of exports, Seeraj disclosed that hiccups with shipping, in particular the
discharge process, has somewhat slowed exports to Venezuela; but exports to that country are
otherwise on track. As per the most recent agreement, exports to that neighbouring country will
include 120,000 tonnes of paddy and 74,000 tonnes of rice.He added that private rice exporters
have also sent off shipments to Panama. Guyana currently has export agreements with several
countries in the Caribbean.Also, given the continuous success of the rice industry, efforts are
being made to secure a greater foothold in Nicaragua and other Central American countries,
including Belize and Panama. Markets in Africa are also being courted.The target for rice
exports in 2015 is some 514,000 tonnes, while the target for rice production is 618,000 tonnes.
By Vanessa Narin
http://guyanachronicle.com/first-crop-paddy-production-stands-at-550000-tonnes-sowing-of-second-cropalready-underway/
BRIEF-Spain's Ebro Foods buys US rice business RiceSelect

for $45 mln
JUNE 3
Ebro Foods SA :
* Says buys RiceTec AG and RiceTec Inc. through its US unit Riviana Foods Inc for $45 million
* Says 42 workers related to this rice business join the company's US unit Riviana Foods Inc
* Acquisition covers a premium rice brand RiceSelect and a factory in Alvin, Texas
Source text for Eikon:
Further company coverage: (Gdynia Newsroom)
7
http://www.reuters.com/article/2015/06/03/idUSFWN0YP01220150603
PhilRice studying heat-tolerant rice in the Philippines

Wednesday, 03 June 2015 12:50
Philippines Rice Research Institute (PhilRice) is currently analysing a heat-tolerant rice

variety, in a bid to address climate-change ready technologies in the country's predominant
rice growing areas
Certain rice breeding lines exhibit tolerance to drought and stress, which might lead to the
development of new rice varieties. (Image source: Zuki/Flickr)
The research is titled Screening of riceinduced mutants for heat and drought
tolerance.Researchers
have
identified
promising breeding lines that exhibit
tolerance to drought and heat stress, which
will pave the way for development of new
varieties that address the effect of climate
change on rice.Lead researcher Thelma
Padolina said that although rice normally
grows at temperatures between 20 and 35C,
its at its most sensitive during the booting
and flowering stages. Hence, even shortduration chronic dry spells occurring during these stages will result in substantial yield
loss.Padolina and her team began screening rice in 2012 where 817 mutant lines were initially
tested for drought stress and leaf blast, and later with emphasis on heat stress. Mutant lines are
valuable genetic variations for crop improvement. They are the results of induced mutation
where one or two of their major traits such as plant height and resistance to biotic and abiotic
stresses, were altered.PhilRice researchers said that promising lines were exposed to
temperatures ranging from 21.1C to 34.4C at field trials, and 34C to 38C at screenhouse
trials for three consecutive seasons to test and validate their grain fertility and pollen viability.
http://www.fareasternagriculture.com/index.php?option=com_content&view=article&id=5893:philricestudying-heat-tolerant-rice-in-the-philippines&catid=1083&Itemid=98
Scientists generate electricity from rice fields

Wed, 06/03/2015 - 11:49am
Agence France-Presse
Dutch scientist Marjolein Helder, co-founder of

Plant-e, which makes products that harvest energy
from living plants, poses for a photo in
Wageningen.Dutch scientists have developed a
revolutionary system that could one day help isolated villages around the world steadily generate
electricity from mundane water-logged plants such as rice growing in paddy fields."It's based on
the principle that plants produce more energy than they need," said Marjolein Helder, co-founder
of Plant-e, which makes products that harvest energy from living plants.
"The advantage of this system over wind or solar is that it also works at night and when there's
no wind," she told AFP.Founded in 2009, Plant-e is perfecting a system originally dreamt up at
Wageningen University and patented in 2007.All that the system requires to produce electricity
is a plant growing in water, be it mangrove swamps, rice paddies, bogs or simply in a pot or your
garden."It's just the beginning and lots of things still need to be greatly improved, but the
potential is enormous," said Jacqueline Cramer, professor of sustainable innovation at Utrecht
University and former Dutch environment minister."If the system becomes good enough, it could
provide electricity for isolated areas or even be installed in our cities and countryside to produce
clean electricity," she told AFP.
The technology harnesses the excess organic matter produced by the plant during photosynthesis,
which is expelled through the plants roots and consumed by micro-organisms.That consumption
frees up electrons, which can then be harvested by placing carbon electrodes close to the roots to
generate electricity.Getting power from plants is not new, "but here we don't need to damage the
plant, it's a non-invasive system," said Helder.Electricity stops being produced if the water
evaporates or freezes, but "you just need to add water or wait for the ice to melt," she said."In
many parts of the world they don't have this kind of problem."Plant-e, based in Wageningen in
the eastern Netherlands, currently sells a system consisting of 50-centimetre (around 20-inch)
square plastic plates containing the technology that can slot together and hold the plants.This
system is designed for parks or rooftops, but comes with a hefty price tag: 60,000 euros
($66,000) to cover 100 square metres (around 1,000 square feet).
But the flagship product is still being developed: tubes that can be quickly and easily submerged
to start generating electricity in a watery area.The system's potential is vast, but particularly
suited to Southeast Asia, with its rice fields, mangrove swamps and other wetlands where
electricity is often unavailable.Less than a third of the population of Cambodia has access to
electricity and less than half in Myanmar. In Bangladesh, 55 percent of people have electricity
and in Laos 66 percent, according to the World Bank.But Plant-e, which manages to survive
thanks to subsidies, still has a long way to go: the product's cost and efficiency must be vastly
improved.Currently, a 100-square metre system provides enough electricity to charge a mobile
phone, power some LED lights or a wireless Internet access point.But in "a few years", Plant-e
hopes that a similar-sized system will provide 2,800 kilowatt-hours, or around 80 percent of the
electricity needs of an average Dutch family of 2.2 people.Two large-scale systems have been
installed in the Netherlands on a road bridge and a hi-tech startup campus at a total cost of
120,000 euros, with the support of municipal authorities.
10
"We wanted to help develop this technique which has enormous potential," said Bas Boeker,
who manages state-owned properties including the startup campus.Initial results are encouraging,
say the developers, and the problems are not necessarily those you would expect: the LED lamps
on the road bridge project have already been destroyed by vandals.
http://www.ecnmag.com/news/2015/06/scientists-generate-electricity-rice-fields
Riviana Foods Buys RiceTec's RiceSelect Brand

Consumer favorite
MADRID, SPAIN -- Ebro Foods, parent company of Riviana Foods, Inc., announced today it
has acquired the U.S. consumer rice business division of RiceTec AG and RiceTec, Inc. which
manufactures and markets products under the brand RiceSelect in a deal valued at $45
million.The transaction includes the brand and certain other assets of the business, including a
10
11
production
plant
in
Alvin,
Texas
and
workforce
of
42
employees.
"The RiceSelect business is a perfect complement to Riviana's portfolio," the company said in a
press release announcing the acquisition. "It will boost the company's development in the fastest
growing segments of the North American rice market...furthering its investment in high value
added products and achieving significant positioning in the healthy foods segment through new
concepts."
Contact: Michael Klein (703) 236-1458
Rice Foundation Accepting Applications for 2016 Rice

Leadership Development Program
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Session One includes a tour of the LSU Rice Research Station. STUTTGART, AR -- The Rice
Foundation is accepting applications for the 2016 Rice Leadership Development Program. Rice
producers or industry-related professionals between the ages of 25 and 45 are eligible to apply
for
the
program.
The
application
deadline
is
October
3.
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The Rice Leadership Development Program provides a comprehensive understanding of the rice
industry, with an emphasis on personal development and communication skills. During a twoyear period, class members attend four one-week sessions designed to strengthen leadership
skills through studies of all aspects of the rice industry. The class is comprised of five rice
producers and two industry-related professionals chosen by a committee of agribusiness leaders.
The committee evaluates the applications of all candidates, reviews letters of recommendation,
and conducts personal interviews with the finalists. Interviews will be conducted at the USA
Rice Outlook Conference in New Orleans, Louisiana, in December. The program is sponsored by
John Deere Company, RiceTec, Inc., and American Commodity Company through The Rice
Foundation and managed by the USA Rice Federation. Additional information on the Rice
Leadership Development Program and an application form can be found on the USA Rice
website.
Contact: Chuck Wilson (870) 673-7541
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CCC Announces Prevailing World Market Prices

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WASHINGTON, DC -- The Department of Agriculture's Commodity Credit Corporation

today announced the following prevailing world market prices of milled and rough rice, adjusted for U.S.
milling yields and location, and the resulting marketing loan-gain (MLG) and loan deficiency payment
(LDP) rates applicable to the 2014 crop, which became effective today at 7:00 a.m., Eastern Time
(ET). Prices are unchanged from the previous announcement.
MLG/LDP
Rate
World Price
Milled Value
($/cwt)
Rough
($/cwt)
Rough ($/cwt)
Long-Grain
14.93
9.67
0.00
Medium-/Short-Grain
14.55
9.80
0.00
Brokens
9.01
----
----
This week's prevailing world market prices and MLG/LDP rates are based on the following U.S. milling
yields and the corresponding loan rates:
U.S. Milling Yields
Whole/Broken
(lbs/cwt)
Loan Rate
($/cwt)
Long-Grain
57.21/12.55
6.64
Medium-/Short-Grain
61.89/8.83
6.51
The next program announcement is scheduled for June 10, 2015.
CME Group/Closing Rough Rice Futures

CME Group (Prelim): Closing Rough Rice Futures for June 3
13
Month
Price
Net Change
14
July 2015
$9.865
+ $0.090
September 2015
$10.140
+ $0.090
November 2015
$10.415
+ $0.090
January 2016
$10.670
+ $0.090
March 2016
$10.860
+ $0.100
May 2016
$10.860
+ $0.100
July 2016
$10.860
+ $0.100
Researchers, rice industries exchange

information at annual meeting
Posted: Wednesday, June 3, 2015 12:00 am
By Fred Miller, Cooperative Extension Service, U of A System Division of Agriculture
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Producing high-quality rice is a team effort and the annual Rice Processing Program Industry
Alliance meeting is where industry leaders compare notes, research and resources.Hosted by the
University of Arkansas System Division of Agriculture in the nations No. 1 rice producing state,
more than 100 industry representatives, rice growers, equipment suppliers and consultants
attended this years meeting, May 20 and 21.This is a signature event for our Rice Processing
Program, said Terry Siebenmorgen, university professor of food science and director of the
University of Arkansas System Division of Agricultures Rice Processing Program. Not only
does the industry support us with funding and equipment, but they also provide us important enduser feedback.Siebenmorgen said the Rice Processing Program team investigates a wide range
of topics from kernel development to consumer wants. The teams expertise includes plant
physiology, carbohydrate chemistry, process engineering, plant pathology and sensory analysis.
With alliance support, program scientists are tackling some of the biggest challenges in the rice
industry. One of the best examples of this partnership, Siebenmorgen said, has been the
discovery and understanding of the role nighttime air temperatures play in determining rice
processing quality.For many years, rice companies experienced unexplained variability in the
processing quality of Mid-South rice. Head rice yieldthe number of kernels that remain intact
during millingwould vary from one year to the next.In addition, processors found that in some
years, rice had to be cooked at higher temperatures or for longer times during the manufacture of
food products. This slowed production and drove up energy costs.
15
A decade of research revealed that high nighttime temperatures during kernel development
disrupt the formation of starch in the rice kernel. Starch becomes less densely packed in the seed,
resulting in a chalky texture with an undesirable appearance and weaker kernels that tend to
break during milling. The chalky structure also changes the way rice cooks.Division scientists
believed the problem lay in the agricultural timeline, Siebenmorgen said, and began by looking
at the chemical and physical properties of rice. Differences in the geographic distribution of the
problem began to suggest temperatures contributed to the problem.The causes were pinned down
thanks to natureobservations during a particularly cool summer compared to those during a
record-breaking hot summerand critical industry support.
Texas-based RiceTec gave division scientists access to their Phytotronsessentially huge
growth chambers in which environmental variables, including nighttime air temperatures, could
be controlled. The company also gave Nora Cooper, a masters degree student in food science,
an internship that allowed her to run the needed tests.The entire Rice Processing Program team
contributed to the many pieces of information that collectively identified high nighttime air
temperatures as the culprit, Siebenmorgen said, and the Division of Agricultures relationship
with rice processing companies was a valuable asset during their investigation.The relationship
continues to be valuable as the program looks into solutions for mitigating the nighttime
temperature problemSiebenmorgen said development of new rice varieties with improved heat
tolerance is most promisingas well as other information and new technologies that will help
the industry improve its products.Ongoing research includes increasing understanding of the rice
kernels chemistry and physical development; improving rice drying, storage and processing;
sensory perception and consumer satisfaction of rice foods; and other areas that will lead to high
quality and sustainable food products.
Smith noted the Division of Agriculture Rice Processing Program Industry Alliance Meeting was
growing while other industry meetings were fading. I think the attendance testifies to how this
meeting makes a difference for the industry, he said. If it didnt, we wouldnt come.This
meeting promotes a relationship that allows university scientists to understand the industry and
allows us to tap into research that can affect changes that result in the best products, said
Michael Smith, vice president of quality and innovation for Riceland Foods of Stuttgart and
Jonesboro. The research helps us better understand rice and how processing affects it, and also
helps us contain costs so that we can offer products that satisfies changing consumer
preferences.Smith said the annual meeting also offers a venue for rice companies, farmers and
scientists to interact. This meeting allows the industry to come together as a community focused
on rice, he said
http://www.hpj.com/crops/researchers-rice-industries-exchange-information-at-annualmeeting/article_2b91e307-3690-540f-a9a7-c990f236ada8.html
15
Heart of Louisiana: Conrad Rice Mill

Posted: Jun 02, 2015 5:36 PM PDTUpdated: Jun 02, 2015 8:04 PM PDT
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Written by: Dave McNamara, Heart of Louisiana
"There were rice mills before us, but they all ceased to exist. He built this thing in 1912. (FOX 8 Photo)
NEW IBERIA, LA (WVUE) -
The belts that turn the wheels and pulleys in this rice mill are
made out of leather. That's how this machinery worked when it
was installed a century ago by P.A. Conrad of New Iberia."There
were rice mills before us, but they all ceased to exist. He built this
thing in 1912, said Mike Davis, a former teacher and farmer who
bought the rice mill from the Conrad family in 1975. Since then,
he's been milling mostly brown rice.We have these elevators that literally elevate the rice to the
third floor and then we drop it down from one machine to the next by gravity, and then we bring
it back up, Davis said.
We figured one day that the rice travels a couple of miles before it gets out of here.In this
machine, the rice hulls are shaken loose and separated from the grains of brown rice. The 100year-old process creates a product that is growing in popularity.We are really lucky that there is
a move in the country where natural foods are very much on the inside. And that's what we're
geared towards, Davis said.The products are gluten-free and certified non-GMO, or free of
genetically modified organisms. And Davis is expanding his Konriko brand beyond his popular
wild pecan brown rice."This is where we make the crackers, Davis said. We make our whole
grain crackers.There are rice snacks, sauces, marinades and seasonings. The mill can package a
thousand cases of chipotle seasoning in a day.
And something else that's sold here - tours of the rice mill. Davis says he got the idea from the
Jack Daniel's distillery in Tennessee.So we built a tourist reception center, which gets almost
50,000 people a year, Davis said. We were able to get on the National Register.It's only a
short distance to the mill from the rice fields of Southwest Louisiana.Every grain of rice that
runs through Conrad Rice Mill is from the state of Louisiana. Every grain, Davis said.As Davis
approaches his 70th birthday, he's planning no retirement for himself or his old rice mill.And
people kept saying, so what are you going to do? When are you going to retire?' And my answer
is, when the local funeral home comes here with the gurney and carries me out, I'm retired,
Davis said. Because this is fun.And it's a bit of Louisiana history, that's still creating products
found on supermarket shelves across the country.
16
http://www.fox8live.com/story/29223481/heart-of-louisiana-conrad-ricemill?utm_source=USA+Rice+Daily%2C+June+3%2C+2015&utm_campaign=Friday%2C+December+1
3%2C+2013&utm_medium=email
17
Dutch paddy power pulls electricity from rice fields

AFPWednesday, Jun 03, 2015
The Plant-e system's potential is vast, but particularly suited to places such as rice fields, mangrove swamps
and other wetlands where electricity is often unavailable.
WAGENINGEN, Netherlands - Dutch scientists

have developed a revolutionary system that could
one day help isolated villages around the world
steadily generate electricity from mundane waterlogged plants such as rice growing in paddy
fields."It's based on the principle that plants produce
more energy than they need," said Marjolein Helder,
co-founder of Plant-e, which makes products that
harvest energy from living plants."The advantage of
this system over wind or solar is that it also works at
night and when there's no wind," she told
AFP.Founded in 2009, Plant-e is perfecting a
system originally dreamt up at Wageningen
University and patented in 2007.
All that the system requires to produce electricity is a plant growing in water, be it mangrove
swamps, rice paddies, bogs or simply in a pot or your garden."It's just the beginning and lots of
things still need to be greatly improved, but the potential is enormous," said Jacqueline Cramer,
professor of sustainable innovation at Utrecht University and former Dutch environment
minister."If the system becomes good enough, it could provide electricity for isolated areas or
even be installed in our cities and countryside to produce clean electricity," she told AFP.The
technology harnesses the excess organic matter produced by the plant during photosynthesis,
which is expelled through the plants roots and consumed by micro-organisms.
That consumption frees up electrons, which can then be harvested by placing carbon electrodes
close to the roots to generate electricity.Getting power from plants is not new, "but here we don't
need to damage the plant, it's a non-invasive system," said Helder.Electricity stops being
produced if the water evaporates or freezes, but "you just need to add water or wait for the ice to
melt," she said."In many parts of the world they don't have this kind of problem."
17
Long way to go
Plant-e, based in Wageningen in the eastern Netherlands, currently sells a system consisting of
50-centimetre (around 20-inch) square plastic plates containing the technology that can slot
18
together and hold the plants.This system is designed for parks or rooftops, but comes with a hefty
price tag: 60,000 euros ($66,000) to cover 100 square metres (around 1,000 square feet).But the
flagship product is still being developed: tubes that can be quickly and easily submerged to start
generating electricity in a watery area.The system's potential is vast, but particularly suited to
Southeast Asia, with its rice fields, mangrove swamps and other wetlands where electricity is
often unavailable.Less than a third of the population of Cambodia has access to electricity and
less than half in Myanmar. In Bangladesh, 55 per cent of people have electricity and in Laos 66
per cent, according to the World Bank.But Plant-e, which manages to survive thanks to
subsidies, still has a long way to go: the product's cost and efficiency must be vastly improved.
Currently, a 100-square metre system provides enough electricity to charge a mobile phone,
power some LED lights or a wireless Internet access point.But in "a few years", Plant-e hopes
that a similar-sized system will provide 2,800 kilowatt-hours, or around 80 per cent of the
electricity needs of an average Dutch family of 2.2 people.Two large-scale systems have been
installed in the Netherlands on a road bridge and a hi-tech startup campus at a total cost of
120,000 euros, with the support of municipal authorities."We wanted to help develop this
technique which has enormous potential," said Bas Boeker, who manages state-owned properties
including the startup campus.Initial results are encouraging, say the developers, and the problems
are not necessarily those you would expect: the LED lamps on the road bridge project have
already been destroyed by vandals.
http://news.asiaone.com/news/science-and-tech/dutch-%E2%80%98paddy-power%E2%80%99-pulls-electricity-ricefields#sthash.TtlWQtAF.dpuf
PhilRice studying heat-tolerant rice variety as it pushes

climate change-ready technologies
Philippine EnviroNews Wednesday 3 June 2015
18
Researchers identified promising breeding lines that exhibit tolerance to drought and heat stress
that will pave way to the development of new varieties that addresses climate change in the
countrys major rice-growing areas.Thelma Padolina, lead researcher of the study entitled,
Screening of rice-induced mutants for heat and drought tolerance, presented at the 23rd
Federation of Crop Science Societies of the Philippines, Inc.Scientific Conference in Clark Zone,
Pampanga last month, said although rice normally grows at temperatures between 20 and 35C,
it is at its most sensitive during the booting and flowering stages.
19
Hence, even short-duration chronic dry spells occurring during these stages will result in
substantial yield loss.Padolina and her team started the series of screening in 2012 where 817
mutant lines were initially screened for drought stress and leaf blast, and later with emphasis to
heat stress. Mutant lines are valuable genetic variations for crop improvement. They are the
results of induced mutation where one or two of their major traits, for instance plant height and
resistance to biotic and abiotic stresses, were altered.The researchers said promising lines were
exposed to temperatures ranging from 21.1C to 34.4C at field trials, and 34C to 38C at
screenhouse trials for 3 consecutive seasons to test and validate their grain fertility and
pollen viability.
On the other hand, the Philippine Rice Research Institute (PhilRice) has produced an information
kit to equip farmers with information on how they can better adapt to the impacts
of climate change.Said info kit is a ready-to-print material that contains a list of climate
change-ready technologies the farmers can use for rice and rice-based farming systems. It
includes the recommended varieties that can withstand different climate-related stresses such as
drought, salinity, and flood.For water-saving technologies, PhilRice recommends the alternate
wetting and drying (AWD) and low-cost drip irrigation system (LDIS) technologies.AWD
guides farmers when to irrigate (or not) the rice field. Hence, this prevents wasteful use of
water. PhilRice studies show that use of AWD also minimizes greenhouse gas emissions in
paddy fields.LDIS is also for efficient use of water and is recommended for irrigating rice-based
crops. Meanwhile, fossil fuel-free technologies such as the rice hull gasifier-pump system,
windmill- pump system, rice hull stove, and carbonizer are also featured.
The rice hull gasifier-pump system uses rice hull instead of gasoline or diesel in pumping water
from the ground. It is recommended for rainfed areas where fuel expenses are high. The wind
mill-pump system is applicable in areas where wind energy is abundant.A device called rice hull
carbonizer is for processing the rice hull into biochar (charcoal). Aside from being used as soil
conditioner, biochar is also popularly used as main ingredient in producing organic fertilizers
thus reducing dependence on synthetic fertilizers.Additionally, the kit also features Palayamanan
Plus, an integrated and diversified farming system, and some harvest and postharvest
technologies. Farmers, extension workers, or anyone interested may download the kit from the
PhilRice website.
19
http://www.eco-business.com/news/philrice-studying-heat-tolerant-rice-variety-as-it-pushes-climatechange-ready-technologies/
20
Thailand: Roi Et rice traders convince Singaporean

importers of high quality Thai rice
6/2/2015
Thai News Service
Jasmine rice suppliers in Roi Et, led by provincial governor Somsak Changtragul, had a meeting
with the manager of Yijia Import And Export Co., Ltd., a Singaporean riceimporter as the latter
visited the province on Saturday. Mr.Somsak said that Thai entrepreneurs had convinced
Singaporean importers of the quality of Roi Et Jasmine rice. The visit followed a roadshow to
Singapore that the Thai government conducted on 16-17 May 2015."I believe that business
matching between Roi Et rice traders and Singapore importers will happen very soon, possibly in
November this year," said Mr.Somsak.Roi Et Province has so far been successful in growing
Jasmine rice particularly at the once-barren zone known as Thung Kula Rong Hai. The area
currently becomes the best zone for growing Jasmine rice.
http://www.world-grain.com/news/news%20home/LexisNexisArticle.aspx?articleid=2376435351
Import Duty Scam: Rice Importers To Refund N25bn

By Edegbe Odemwingie
Jun 3, 2015 3:23 am
20
The House of Representatives Ad hoc Committee on Rice Quota and Duty Payments on Rice
Imports has recommended that all importers involved in the alleged import duty scam refund
N25 billion to the federal government. The Leo Ogor-led House Committee also recommended
that the Nigeria Customs Service (NCS) should close down the warehouses of importers
reportedly linked with the rice import duty fraud.Also in the report yet to be laid before the
House, it was recommended that the suspects should be
interrogated by the Economic and Financial Crimes
Commission (EFCC) immediately.Another major area that
the report focused on was the 2015 rice import allocation
and it recommended that it should be cancelled to avoid a
recurrence of the massive fraud that engulfed it. The former
minister of agriculture, Akinwunmi Adesina, again raised
the issue of monies owed the federal government by the
importers which is to the tune of N36 billion.
21
Press Release
1400 Independence Ave., SW
Washington, DC 20250
USDA
Farm Service Agency
_________________________
Program Announcement Mark Simone
(202) 720-5653
Mark.Simone@wdc.usda.gov
PREVAILING WORLD PRICES AND LOAN DEFICIENCY PAYMENT RATES
WASHINGTON, June 3, 2015-The Department of Agriculture's Commodity Credit Corporation
today announced the following prevailing world market prices of milled and rough rice, adjusted
for U.S. milling yields and location, and the resulting marketing loan gain (MLG) and loan
deficiency payment (LDP) rates applicable to the 2014 crop, which will become effective today
at 7:00 a.m., Eastern Time (ET). Prices are unchanged from the previous announcement.
--------World Price------- MLG/LDP Rate
Milled Value Rough Rough
($/cwt) ($/cwt) ($/cwt)
Long Grain 14.93 9.67 0.00
Medium/Short Grain 14.55 9.80 0.00
Brokens 9.01 ---- ---This week's prevailing world market prices and MLG/LDP rates are based on the following U.S.
milling yields and the corresponding loan rates:
U.S. Milling Yields Loan Rate
Whole/Broken
(lbs/cwt) ($/cwt)
Long Grain 57.21/12.55 6.64
Medium/Short Grain 61.89/8.83 6.51
The next program announcement is scheduled for June 10, 2015.
Janoo for protecting Basmati rice against Indian move

June 03, 2015
RECORDER REPORT
21
Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Senior Vice-President

Abdul Rahim Janoo has urged Federal Commerce Minister Engr Khurram Dastgir Khan to
thwart the Indian move to get its Basmati rice registered and protected in global trade. In a letter
to the Commerce Minister, he called for pre-empting the Indian move because in case if India
was succeeded, Pakistan would not be able to export its rice in the name, style and title of
'BASMATI'.
Janoo further said that it would have a far reaching negative impact on Pakistan's economy, as
rice held an extremely important position in the national economy. Elaborating, he said that
Pakistan had earned $2.1 billion foreign exchange through rice export in the year 2014, which
22
made it the second highest export item after textiles. "Pakistan is the world's fourth largest
producer of rice after China, India and Indonesia and millions of farmers rely on rice cultivation
as a major source of earning," he added.He underscored the need for taking necessary measures
to safeguard the interests of indigenous Basmati rice farmers and exporters in general and
national economy in particular.-PR
WWW.BUSINESSRECORDER.COM
Priority areas in Balochistans agricultural budget

MOHIUDDIN AAZIM PUBLISHED JUN 01, 2015 06:35AM
22
BALOCHISTANS agriculture sector is set to get larger allocations in FY16, with focus on crop
raising, mechanisation of farm and livestock activities and the development of fisheries.In FY15,
the provincial government had set aside Rs6.35bn for agriculture; Rs2.6bn for livestock; Rs758m
for forestry and Rs550m for fisheries.Balochistan government officials say in FY16, a modest
increase is expected in the budget for these areas adding that the province also expects some
special initiatives from the federal government to promote farming and fisheries.These officials
23
are anticipating full or part federal financing of a Gwadar-related fisheries development scheme
and phase II of an ongoing plan to provide solar-powered tube wells to farmers of remote areas
of the province.
The province itself plans to promote fishing and fish processing in and around Gwadar for which
sufficient funds are being allocated.In the crop sector, some incentives are being considered for
boosting cotton production from the current 77,000 bales to 100,000 bales and for promoting
Basmati rice cultivation, provincial officials say without giving details. Funds are also being
allocated to help farmers get certified seeds of wheat and pulses; in FY16 budget special focus
would be made on encouraging producers of vegetables and fruits.
Balochistan is a food-deficit province, and the food storage issue is expected to get more
attention in the new budget
An ongoing Rs50m project for apples grading and packaging is expected to get more funds. The
project has so far benefited apple growers in Ziarat and Kalat districts and bigger fund allocation
is expected to extend the programme to some other districts as well.Sizable funds are likely to be
set aside for setting up a dates processing and packaging unit in the Makran region where the
best varieties of dates are grown.
The provincial government is also planning establishment of a tomato paste plant to cut postharvest losses and boost its value-added production.Officials say that a Rs70m olive cultivation
project in arid and semi-arid areas would possibly get more funds out of the next annual
development plan.Some specific projects in agricultural research are also likely to be announced
in the next years budget with an aim to improve supply of certified seeds and increase perhectare crop yields of various crops. These projects include not only provision of research
facilities but also construction of research centres in less-developed districts of the province.In
livestock sector, the Balochistan government is going to set up a meat processing and packaging
plant in Quetta at a cost of Rs50m.
23
This would help livestock breeders of the province to get a fair price for their animals besides
opening up opportunities for better local marketing and export of processed meat. Some other
measures are being considered for ensuring availability of animal and poultry vaccine at
affordable prices to livestock and poultry breeders. On agenda is also the construction/upgrading
of veterinary hospitals for livestock development research facilities.To combat shrinking grazing
fields and higher mortality of animals, the growing of forage crops in various districts,
particularly in lower Balochistan would also come under focus in the new years budget.
With the help from the federal government, financial assistance may also be offered for setting
up environmentally-controlled sheds for poultry birds.In the pre-budget session of Balochistan
assembly, the issue of Balochistans share in federal annual development fund was raised and
24
Chief Minister Dr Abdul Malik informed the house that he had sought Rs15bn additional funds
out of the federal PSDP.Officials say the federal initiatives may or may not have an impact on
the ongoing projects in social sector, but in agriculture, however, the federal support will come in
crops raising, livestock, fertiliser and green energy--- the areas that have the federal
blessing.Balochistan is a food-deficit province, and the food storage is expected to get more
attention in the new budget.
Officials of Balochistans agriculture and cooperative department say the provincial government
may come up with projects for food storage similar to the one recently concluded with the help
of the US department of agriculture. Under that project, 78 cold storage houses and banana
ripening units and drying tunnels have already been constructed by some of Balochistans
farming organisations,Using this model, more of food and fish storage facilities can be built. In
the next years budget some financing would be made in this and similar projects as well,
according to a source privy to the budget making process.Establishment of flake ice units for fish
preservation, provision of financial and technical help to inland fish farmers and allocation of
funds for repairing or replacement of old fishing boats are being considered for enhancing fish
hauling from Balochistans coastal areas.
Published in Dawn, Economic & Business, June 1st, 2015
Riviana Foods Inc. Adds Popular Aromatic Rice Varieties to

Minute Rice Line of Staple Products
* Reuters is not responsible for the content in this press release.
Riviana Foods Inc. Adds Popular Aromatic Rice Varieties to Minute Rice Line of Staple
Products
Industry Leader in Instant Rice Category Expands Product Line to Include Two GloballyInspired Varieties
PR Newswire
HOUSTON, June 2, 2015
HOUSTON, June 2, 2015 /PRNewswire/ -- Riviana Foods Inc.,
24
America's leading rice company, announced today the launch of two

new globally-inspired aromatic products to the Minute Rice family
Minute Thai Jasmine Rice and Minute Basmati Rice. Minute Rice
products are developed to provide ease and convenience for consumers, and now, the two latest
products bring the brand's trademark quality to the growing number of consumers looking for
authentic, international flavors.
25
Minute Thai Jasmine Rice is an aromatic long grain rice from the high plateaus of Thailand. For
centuries, Jasmine Rice was cultivated for the royalty of the kingdom of Siam. When cooked,
this fluffy, white rice has a sweet yet subtle buttery flavor and fragrant aroma, all very
pleasing to the palate. Minute Thai Jasmine Rice uses only the finest Thai Hom Mali variety,
which boasts an internationally renowned reputation for its superior quality and aroma. The taste
of this rice goes perfectly with both Asian and traditional dishes. Minute Basmati Rice, an
aromatic long grain rice, is grown in the foothills of the Himalayas.
It is known as the prince of rice because of its fragrance and distinctive, delicate and nutty
flavor. The grains of Basmati Rice are long and slender when cooked and stay separate and
fluffy once prepared. This rice is the perfect accompaniment for Asian, Middle Eastern and
traditional dishes. "We've listened to our customers and are thrilled to be able to offer them these
two new products, which combine the same great quality and convenience that they've come to
expect from Minute Rice with the distinct flavors and textures from the aromatic varieties,"
said Paul Galvani, Senior Vice President of Marketing, U.S, Riviana Foods Inc. "Jasmine and
Basmati Rice are two of the most popular globally-inspired types of rice, and we hope that by
offering them, our customers will be able to create even more versatile and unique recipes to
share with their families, or plus up their families' favorite dishes."
The new Minute Thai Jasmine
Rice and Minute Basmati Rice,
which are extensions of the
brand's flagship line, are
packaged in pre-portioned bags
for additional convenience.
Gluten-free and with a cook time
of 10 minutes, Minute Thai
Jasmine Rice and Minute
25
Basmati Rice are available in

select
stores
located
in Massachusetts, Connecticut, Rhode
Island, Vermont, New
Hampshire, Maine and New
York.The Riviana test kitchen developed an assortment of internationally-inspired recipes
featuring the two new Minute aromatic products, showcasing inventive and deliciously satisfying
ways to incorporate rice into different meal occasions. From quick salads to rice puddings and
side dishes, there are a variety of Minute Rice recipes to appease consumers' global appetite. To
26
learn more about the newest Minute Rice products, delicious recipe ideas and other varieties
within the Minute Rice family of products, visitwww.minuterice.com.
Ingredients
Makes 4 servings
2 bags Minute Thai Jasmine Rice
2 Tbsps olive oil, divided
2 boneless skinless chicken breasts, cut into small strips
1/4 tsp salt
1/4 tsp ground black pepper
1 pkg (16 oz.) broccoli slaw
1/2 cup carrots, cut in matchstick strips
2 Tbsps light soy sauce
1 tsp ground ginger
1 tsp cayenne pepper
1/2 tsp red pepper flakes (optional)
3/4 cup apricot preserves
1/2 cup water
Cooking Directions
Prepare rice according to package directions.
Heat 1 tablespoon oil in large skillet over medium heat. Lightly season chicken with salt and
pepper and add to pan. Stir frequently to break up chicken and cook until completely done, about
5 minutes. Drain and set aside. Turn heat to medium-high and add remaining oil. Add broccoli
slaw and carrots; saute for about 3 minutes. Push vegetables aside and add soy sauce, spices,
preserves and water to skillet. Stir in chicken, bring to boil and simmer to heat through.
Place rice in serving dish, make large well in center and pour chicken mixture into well.
Ingredients
Makes 4 servings
1 bag Minute Basmati Rice
1/2 cup vinaigrette dressing
26
27
1/2 cup minced fresh basil

1 cup frozen corn, thawed
2 Roma tomatoes, seeded and chopped
1/2 cup red onion, diced
2 green onions, chopped
salt and ground black pepper, to taste
Cooking Directions
Prepare rice according to package directions. Cool.
In a medium bowl, combine dressing, basil, corn, tomatoes, and red and green onions.
Fold in rice.
Serve room temperature or chilled.
Stir in ideas: add diced fresh mango, ground cumin, or grated fresh ginger (optional)
About Minute Rice and Riviana Foods Inc.
Minute Rice is distributed by Riviana Foods Inc., one of America's largest processors,
marketers and distributors of branded and private label rice products. Its principal brands include
Minute, Success, Mahatma, Carolina, Comet, Adolphus, Blue Ribbonand Gourmet
House. The company has been an industry leader since 1911.
Riviana Foods Inc. is a wholly-owned subsidiary of Ebro Foods, S.A., the leading Spanish food
group, with interests in rice and pasta products. It is the world leader in the rice sector and is the
world's number two pasta manufacturer. Ebro's other subsidiary in the U.S., New World Pasta
Company, offers such well-known brands as Healthy Harvest , Ronzoni , San Giorgio ,
Creamette , American Beauty , Skinner , No Yolks , Prince , Catelli and Lancia .
Reuters.com
Mexico keen to expand bilateral framework with Pakistan:

Ulesis
27
INP
June 03, 2015
ISLAMABAD:
Pakistan and Mexico
enjoy cordial bilateral
ties and have huge
potential to improve
their economic relations
especially in service
delivery
and
manufacturing,
said
Awais
Leghari,
28
Chairman Foreign Affairs Committee of the National Assembly in a meeting with Mexican
Ambassador.The Mexican envoy for Pakistan, HE Ulesis Canchola paid a courtesy call on
Leghari here at Parliament House. The Ambassador was also accompanied by Trade and
Investment Officer for the Middle East Juan Antonio Cepeda Gutirrez. The Ambassador said
Mexico granted Pakistan very important place in its foreign policy and wishes to reinvigorate the
bilateral ties with her.
The Ambassador, who also looks after Pakistan from Mexican Embassy in Tehran, informed the
Chairman that Mexico was in middle of the process to reopen its embassy in Islamabad which
was closed in 2009 owing to financial restraints. Chairman Awais Leghari ensured him of any
cooperation needed in the process.The visiting Ambassador also wished to widen the existing
legal bilateral framework between two countries which consists of six mutual agreements and
three MoUs in different areas of economic and diplomatic ties.Discussing the need to grow PakMexican ties stronger, Chairman Leghari said Pakistan was looking to boost its trade relations
with Latin America, Africa and Far East countries.
The Ambassador noted that the current leadership in Mexico holds a similar stance and is keenly
pursuing diversification of its foreign policy in South and Central Asia.Leghari said that Pakistan
is keen to cooperate with like-minded nations on multilateral forums.The two sides discussed the
prospective reform of the United Nations Security Council and vowed to cooperate with each
other in this regard.Leghari and Excellency Canchola also exchanged views on Afghanistans
security situation in wake of withdrawal of international forces and the recent spring offensive of
Taliban. Chairman Leghari hoped that international community will not forget Afghanistan like
it did in past at end of cold war.
He observed that the centre of terrorism was shifting to Middle East from this region. The two
also discussed the role of United States in the region.The ambassador called the economic
progress of Pakistan despite hardships as a model for other weak economies across the world. He
invited the Chairman to visit Mexico.Currently, the two-way trade between both nations is nearly
$181 million USD. Mexicos main import products from Pakistan include textiles, long grain
rice and cotton while Pakistan imports plastic industrial tubes and automotive parts from Mexico.
http://www.dailytimes.com.pk/national/03-Jun-2015/mexico-keen-to-expand-bilateral-framework-withpakistan-ulesis
APEDA INDIA (NEWS)

28
29
International Benchmark Price

Price on: 02-06-2015
Product
Benchmark Indicators Name
Price
Chinese first grade granules, CFR NW Europe (USD/t)
2100
Chinese Grade A dehydrated flakes, CFR NW Europe (USD/t)
2000
Chinese powdered, CFR NW Europe (USD/t)
1800
Chinese sliced, CIF NW Europe (USD/t)
4600
Chinese whole, CIF NW Europe (USD/t)
5100
Indian Cochin, CIF NW Europe (USD/t)
3000
Indian 100 mesh 3500 cps, FOB Kandla (USD/t)
2250
Indian 200 mesh 3500 cps basis, FOB Kandla (USD/t)
2095
Indian 200 mesh 5000 cps, FOB Kandla (USD/t)
3195
Garlic
Ginger
Guar Gum Powder
Source:agra-net
For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 02-06-2015
Domestic Prices
Unit Price : Rs per Qty
Product
Market Center
Variety
Min Price
Max Price
Cachar (Assam)
Other
2000
2500
Jhagadiya (Gujarat)
Other
1950
3100
Chala (Kerala)
Other
2450
3000
Rice
29
30
Wheat
1
Bayad (Gujarat)
Other
1300
1400
Bonai (Orissa)
Other
1450
1600
Alwar(Rajasthan)
Other
1350
1630
Thodupuzha (Kerala)
Other
2500
2700
kalanwali(Haryana)
Other
1500
1500
Nagpur(Maharashtra)
Other
2200
3800
Chala (Kerala)
Other
2500
2550
Bonai (Orissa)
Other
3000
3000
Gumla(Jharkhand)
Other
1400
1600
Grapes
Cabbage
Source:agra-net
For more info
Egg
Rs per 100 No
Price on 02-06-2015
Product
Market Center
Price
Pune
362
Mysore
370
Ajmer
290
Source: e2necc.com
Other International Prices
Unit Price : US$ per package

Price on 02-06-2015
30
Product
Potatoes
Market Center
Origin
Variety
Low
High
Package: 50 lb cartons
31
Baltimore
Idaho
Russet
26
26
Dallas
Nevada
Russet
23.50
23.50
Detroit
Wisconsin
Russet
19
19.50
Cucumbers
Package: cartons film wrapped
Baltimore
Maryland
Long Seedless
10
10
Chicago
Canada
Long Seedless
22
22
Detroit
Canada
Long Seedless
Apples
Package: cartons tray pack
Baltimore
Washington
Red Delicious
22
25
New York
Pennsylvania
Red Delicious
14
14
Philadelphia
Washington
Red Delicious
18
22.50
Source:USDA
Third state rice auction later this month
3 Jun 2015 at 07:46 1,780 viewed

NEWSPAPER SECTION: BUSINESS | WRITER: PHUSADEE ARUNMAS
The government is scheduled to call a third bid to sell 1 million tonnes of its rice stocks by the
middle of this month. The auction will mainly be for high-quality grades of grain.Commerce
Minister Chatchai Sarikulya said the time was right for the bid, given the relatively low supply of
rice during the off season.The ministry has delayed the third auction since March as suggested by
exporters and millers because it was waiting for new supply from the second crop to enter the
market, as this would depress rice prices.The ministry has called two auctions for a combined 2
million tonnes of state rice stocks this year as it tries to offload some 17 million tonnes built up
under a controversial subsidy scheme.
31
It plans to sell 10 million tonnes in 2015 and 7 million next year.A total of 496,243 tonnes worth
7.85 billion baht were sold in the first auction and 780,000 tonnes worth an estimated 8 billion in
the second.Gen Chatchai said the Thai government was also preparing to sell rice in an auction
next week set by the Philippines for 300,000 tonnes. Thailand will continue to ship outstanding
orders of a 1-million-tonne deal with China struck by the Yingluck Shinawatra government.
Thailand has already delivered 400,000 tonnes as part of that deal.A separate deal saw Thailand
32
and China sign a memorandum of understanding last December for 1 million tonnes each of old
and
new
grains
along
with
200,000 tonnes of rubber.Deliveries are set for this year and next.The latter contract will be made
through the China National Cereals, Oils and Foodstuffs Corporation, the giant state enterprise
that oversees rice imports, to ensure transparency.
Ricegrowers : Download 3 June 2015: Rice

Profitability 2015 Analysis PDF Document
06/02/2015 | 08:12pm US/Eastern
2015 INDEPENDENT SOUTHERN NSW IRRIGATED CROP OPTIONS ANALYSIS

PREPARED BY
www.boothassociates.com.au
32
2 June 2015
Dear Grower
In mid-2014 SunRice commissioned Booth Associates to carry out an Independent Southern
33
NSW Irrigated Crop Options Analysis. The analysis was carried out for typical irrigation farm
businesses in the Murrumbidgee and Murray Valleys using realistic production costs and revenue
based on a medium grain rice price (Reiziq) of $300 per tonne; a cotton price of $475 per bale
and maize at $300 per tonne.
The mid-2014 analysis clearly demonstrated that the rice farming system is not only
competitive with othersummer crop based systems, but it generates superior profit, return
on capital and cashflow and balance sheetadvantages for most farm businesses.Superior
profit and return on capital based on the above prices is
demonstrated in Table 1.
Table 1: Profit and Return on capital based on 2014 Analysis
Murrumbidgee
Murra
y
Farm System Return on

Profit $K Return on Capital Profit $K Capital
Rice/winter crop
$263
4.1% $82 3.1%
Cotton/winter crop
$222
3.0% $41 1.3%
Maize/winter crop
$130
1.8% $55 1.9%
Crop prices for rice and cotton have improved significantly since the mid-2014 analysis was
carried out. SunRice therefore commissioned Booth Associates to carry out additional analysis
on the same typical irrigation farm businesses in the Murrumbidgee and Murray Valleys using
current production costs and improved prices for rice and cotton (maize and soybean prices have
remained reasonably stable). A medium grain rice price (Reiziq) of $360 per tonne and a cotton
price of $520 per bale were used.
The analysis again demonstrated that the rice farming system continues to be not only
competitive with othersummer crop based systems, but it generates superior profit, return
on capital and cashflow and balance sheetadvantages for most farm businesses.
Superior profit and return on capital from the recent analysis is demonstrated in Table 2.
33
Table 2: Profit and Return on capital based on 2015 Analysis

Murrumbidgee
Murra
34
y
Farm System Return on
Profit $K Return on Capital Profit $K Capital
Rice/winter crop
$385
5.9% $119 4.5%
Cotton/winter crop
$331
4.5% $74
2.4%
Maize/winter crop
$130
1.8% $55
1.9%
Sydney Office
Level 24, MLC Centre 19 Martin Place Sydney | NSW 2000
PO Box Q166 QVB Post Shop | NSW 1230
T +61 (0)2 9268 2000 | F +61 (0)2 8916 8360
Registered Office
NIP 37 Yanco Avenue Leeton | NSW 2705
Locked Bag 2 Leeton | NSW 2705
T +61 (0)2 6953 0411 | F +61 (0)2 8916 8350
1
www.sunrice.com.au
Ricegrowers Limited ABN 55 007 481 156 trading as SunRice
The conclusion I draw from the analysis over two years is that the rice farming system is clearly
the first choice summer crop for our region.
We recently advised the C2014 return will be better than $380/t. When I take into account that
the rice price used in the 2015 analysis - medium grain (Reiziq) at $360/t - has already been
exceeded, the conclusion is even stronger.
Please consider the analysis in the Booth Associates 2015 Independent Southern NSW Irrigated
Crop Options
34
Analysis and support your industry and company by making rice your major summer crop in the
season ahead.
35
If you would like a member of the SunRice Grower Services technical team to interpret the
analysis for your farm business, please contact Grower Services on 1800 654 557 or
at growerservices@sunrice.com.au
Yours sincerely
Rob Gordon
CEO
SunRice
2
2015 INDEPENDENT SOUTHERN NSW IRRIGATED CROP OPTIONS ANALYSIS
This independent analysis report by Booth Associates was prepared for SunRice. Booth
Associates have long- standing experience across all irrigated industries, including cotton and
rice, and do not favour one over the other. Booth Associates advocate best business practice and
believe diversity in cropping systems is essential for Southern NSW.
Introduction
Both the 2014 and 2015 analysis investigated typical irrigation farm businesses in the
Murrumbidgee and Murray
Valleys with the characteristics outlined in Table 3.
Table 3: Typical Irrigation Farm Business Characteristics
Area Cropped General Security Average Average
Annual
(ha) Entitlements (ML) Allocation Allocation (ML)
Murrumbidgee
750 4,500 60% 2,700
Murray
500 1,200 70% 840
Crop Gross Margins

Crop gross margins are outlined in Table 4.
Table 4: Crop Gross margins
35
Crop Crop Agronomics Yield Price $/T, $/B or

Gross Margin Gross Margin
36
T/ha or B/ha $/ML $/Ha $/ML

Rice - Murrumbidgee
Medium grain sod

sown
12.0 360 2,984 213
Cotton - Murrumbidgee
Roundup Ready &

Bollgard
11.0 520 3,162 287
Rice - Murray
Medium grain sod

sown
11.0 360 2,682 206
Cotton - Murray
Roundup Ready &

Bollgard
10.0 520 2,718 272
Wheat A
After rice
6.0
250 833
416
Wheat B
Rotated with
canola
6.0
250 786
196
Wheat C
After cotton
4.0
250 430
215
Canola A
After rice
3.0
475 792
396
Canola B
Rotated with wheat
3.0
475 765
191
Soybeans
Edible on beds
3.5
600 1,500 188
Maize
Grit on beds
11.0 300 1,886 189
Annual sale of allocation
Only dry wheat
50
50
Wheat - Dry
2.0
250
287
Note: figures in bold only have changed from the 2014 report
3 Prepared by www.boothassociates.com.au
While gross margins provide a direct comparison of per hectare and per megalitre returns
possible for various crop options, they do not take into account:
Crops grown in rotation (eg wheat using residual moisture after rice);
36
Cashflow and operating funds needed;

Overheads and unallocated costs;
37
Capital investment, equipment and renewal needs;

Strategic planning;
Risk; and
Lifestyle and commercial satisfaction.
Gross margins therefore need to be considered in the context of the full farm system and the
whole farm budget outcome to determine and compare farm profit.
Farm Profit
To determine whole farm profit, a whole farm budget was prepared for the farming systems in
Table 5.
Table 5: Farming System Details
37
Crop
Murrumbidgee (2,700ML) Murray (840ML)
Crop
Rice System Cotton System Maize System Rice

System Cotton System Maize System
Canola irrigated
70
Wheat irrigated
100
210 115 34
Wheat dryland
410
330 360 388 360 380
Rice
170
Cotton
210 -
Maize
Total
750
750 750 500 500 500
80
22
24
70
36
56
70
60
195 -
The whole farm budget outcomes in Tables 6 and Table 7 take into account the whole of
business running costs including overheads, variable and unallocated costs, capital renewal and
the capacity for debt servicing.
Table 6: Whole Farm Budget - Murrumbidgee
38
Murrumbidge
e
Rice System
Cotton System
Maize System
Revenue
Summer Crop Revenue
$729K
$1,377K
$636K
Revenue
Winter Crop Revenue
$454K
$375K
$466K
Revenue
Other Revenue
$26K
$28K
$25K
Revenue
Total Revenue
$1,210K
$1,779K - up
47%
$1,127K down 7%
Expenses
Allocated Expenses
$305K
$765K
$374K
Expenses
Unallocated Expenses,
Staff and
$320K
$342K
$331K
Overheads
Expenses
Finance/ Capital
Renewal
$141K
$281K
$232K
Expenses
Management
$60K
$60K
$60K
Expenses
Total Expenses
$825K
$1,448K - up
75%
$997K - up
21%
Profit
$385K
$331K - down
$54K
$130K - down
$255K
Table 7: Whole Farm Budget - Murray
Murray
38
Rice
System
Cotton System
Maize System
Revenue
Summer Crop Revenue
$222K
$422K
$198K
Revenue
Winter Crop Revenue
$276K
$250K
$278K
39
Revenue
Other Revenue
$16K
$16K
$16K
Revenue
Total Revenue
$514K
$688K - up
34%
$492K - down
4%
Expenses
Allocated Expenses
$137K
$288K
$165K
Expenses
Unallocated Expenses,
Staff and
$153K
$180K
$166K
Overheads
Expenses
Finance/ Capital Renewal
$58K
$98K
$58K
Expenses
Management
$48K
$48K
$48K
Expenses
Total Expenses
$396K
$614K - up
55%
$437K - up
10%
Profit
$118K
$74K - down
$44K
$55K - down
$63K
The analysis in Table 6 and Table 7 clearly shows that returns from cotton and maize are not as
attractive as rice at the assumed farm scale. The primary differences between systems include:
The lower gross margin for rice (Table 4) is offset by reduced overall costs with full provision
for whole of farm running costs;
There is increased revenue from cotton but reduced winter crop revenue in the cotton system.
This is
due to very little available soil moisture after growing a cotton crop and often there are delays in
sowing a winter crop after an extended period of harvesting, mulching and pupae busting after
cotton harvest. Alternatively winter crops can be sown relatively quickly after rice harvest (so
long as the ground is trafficable);
The residual moisture remaining after rice can be used effectively to kick-start a winter
cropping program and with well-timed spring irrigation, good yield results are achievable;
Costs involved in the production of intensive row crops (cotton and to a lesser extent maize)
are significantly higher than rice;
39
Allocated and unallocated expenses are greater in cotton and maize systems as the crops are
more
expensive to grow;
40
Overhead and management costs are the same between systems; and
Finance and capital renewal expenses are commonly more in cotton and maize systems due to
more technical row crop configurations and the need for more crop specific machinery
(particularly cotton).
Cashflow Comparisons
Cashflow is more important than a simple annual profit and loss analysis. The timing of cashflow
drives the timing of what can be done, both when and how. The calendar of operations and
cashflow timing for rice and cotton are shown in Table 8 and Table 9.
Table 8: Rice Calendar of Operations Table 9: Cotton Calendar of Operations
The farm profit analysis outlined in Table 6 and Table 7 was based on an assumed fixed land
area and water entitlement. The resultant crop areas differ between rice and cotton (Table 5) due
to the higher water use per hectare of rice.
To compare the same crop area and provide a concise comparison of cashflow between rice,
cotton and maize, the cashflow for a farm business growing 170 ha of any of these three crops in
rotation with winter crops was assessed. Note that this assessment differs from the farm profit
analysis in Tables 6 and 7 as summer crop areas are kept constant at 170 ha to provide a direct
comparison for identical crop areas. In this circumstance, the results in Table
10 are achieved.
Table 10: 170 ha Crop Comparison
40
Cotton
Rice
Maize
Water required
1,870ML
2,380ML 1,700ML
Yield
11.0 B/ha 12.0 T/ha 11.0 T/ha
Gross Margin
$537,469
$503,618 $320,650
Gross Margin/ML $287
$213
Growing Costs
$227,052 $240,350
$589,206
$189
41
Graph 1 shows the cashflow impact of growing each crop over a period of 14 months to capture
all costs and revenue.
400
Graph 1: Cashflow Comparison
200
0
-200
Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
-400
-600
-800
Rice Cotton
Rice with Grower Deduction Authorities Cotton with Crop Lien
Maize
Graph 1 illustrates a full farm system in rotation with winter crop and importantly includes
benchmarked allocated and unallocated costs, overhead and finance costs, together with
appropriate management drawings and capital renewal costs. The growing costs of cotton are
substantial and often by the time revenue from the cotton crop is realised there are already
expenses incurred in planting a winter crop and preparing ground for the subsequent cotton crop.
The green line in Graph 1 represents the benefit Grower Deduction Authorities provide to reduce
the cashflow burden on rice growers. The purple line represents the use of a crop lien facility to
help with cotton cashflow.
41
Cotton income can flow in relatively quickly once the crop is ginned. Rice payments are
staggered and can therefore provide some constraints to cashflow post-harvest. In particular, this
can be an issue where rice areas vary significantly year-to-year, as a result of varying water
allocations. There are however, early payment options available for rice. Maize payments are
assumed to be 30 days post-harvest, hence the positive cashflow in Graph 1. Maize marketing
42
can be complicated by credit risk, which is an issue across the grains industry. Prudent
management of creditor risk is essential to avoid exposure to revenue loss for delivered grain.
When analysed over a four year timeframe, the 170 ha summer crop comparison of cashflow
(based on quarterly apportionment) is illustrated in Graph 2.
Graph 2: Four Year Cashflow Comparison
1,500
1,000
500
0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
-500
-1,000
Rice Cotton Rice - Early Payment Maize
Note that Graph 2 includes a bad summer crop year in year 2 (summer crop revenue down by
25%) to demonstrate the resilience of each crop system. The option to take early pool payments
for rice is included in Graph 2.
The rice system at the assumed scale shows greater returns and resilience than maize and
cotton. A poor year in the cotton system is difficult to recover from.
42
It is important to remember this is a 170 ha comparative analysis that assumes only cotton, rice
or maize is grown as a summer crop. A full transition from say rice to cotton may not be
practical, and initially an area of both crops may be produced. This may buffer the detrimental
effects of poor seasons in one or the other crop. In the interests of reducing complexity this has
not been considered in this analysis.
In situations where crop returns are suppressed due to combinations of low yield and price, and
debt servicing costs are high for irrigation redevelopment and equipment finance, the businesses
capacity to cope can be
significantly compromised.
43
Cashflow and Crop Expansion

Analysis of the implications of ramping up crop area is illustrated in Graph 3.
Graph 3: Cashflow Comparison - Expanding Scale
2,500
2,000
1,500
1,000
500
0
-500
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
-1,000
Rice Cotton
The comparison in Graph 3 shows the impact on cashflow of expanding crop areas. In many
instances the majority of profit in a year is reinvested to cover the growing costs of the expanded
enterprise scale. Cotton systems only begin to show merit when grown on a greater scale.
Return on Capital and Sensitivity Analysis
43
A healthy farm balance sheet is critical to business success and business resilience. If equity is
stressed there can be constraints on cashflow to grow a crop and the capital expenditure
requirements to set up a farming system properly form the start can be inhibited.
Costs to convert from rice layout to row crop can be in the order of $500/ha to $1,000/ha, or
greater subject to the extent of field supply and drainage requirements. Land value appreciates
with irrigation development, but commonly no more than 50% of the capital expenditure
associated with land development (lasering, irrigation structures, pivots, etc) goes to the balance
sheet as an increase in assets.
In situations where a high quality rice layout is converted to a row crop layout there is significant
sunk capital and the benefit of the irrigation redevelopment to the balance sheet may be as low as
10%. In other words, land values may only increase by a relatively small amount in such
circumstances.
Plant and equipment requirements for row cropping and more specifically cotton are
44
substantially higher than for rice systems. The specialised nature of cotton operations, especially
harvest, means the equipment may be used on
farm for cotton only whereas a header can harvest a range of crops including rice.
To provide a comparison of a typical balance sheet, the 750 ha Murrumbidgee and 500 ha
Murray farm examples
(Table 5) are used and summarised in Table 11.
Table 11: Balance Sheet Comparison
Crop
Murrumbidgee Murray
Crop
Rice Cotton Maize

Rice System Cotton System
Maize System System System
System
Assets
$6.50M
$7.34M $7.14M $2.63M $3.08M $2.91M
Liabilities $0.45M
$0.90M $0.70M $0.15M $0.28M $0.15M
Net
Worth
$6.44M $6.44M $2.48M $2.80M $2.76M
$6.05M
The difference between the systems within each valley relates to the type of irrigation
development and plant and equipment. When the rice, cotton and maize system returns in Tables
6 and 7 are analysed in relation to their respective balance sheet positions, the subsequent return
on capital results are provided in Table 12.
Table 12: Farm System Return on Capital
Return on Capital Rice Cotton System Maize
System
System
44
Murrumbidgee - 750ha
5.9% 4.5% 1.8%
Murray - 500ha
4.5% 2.4% 1.9%
Note: Figures in Table 12 are EBIT yield (Earnings Before Interest and Tax)
45
Sensitivity Analysis
A sensitivity analysis was undertaken to test the resilience of each crop to yield and price. The
results are summarised in Tables 13 and 14.
Table 13: Sensitivity Analysis - Murrumbidgee
Rice
Cotton
Maize
10T/ha @ $320/T = 3.1% 10 Bales/ha @ $480/B = 1.9%
10T/ha @ $275/T = 0.4%
12T/ha @ $360/T = 5.9% 11 Bales/ha @ $520/B = 4.5%
11T/ha @ $300/T = 1.8%
13T/ha @ $400/T = 8.2% 12 Bales/ha @ $560/B = 7.3%
13T/ha @ $325/T = 4.2%
12T/ha @ $300/T = 4.1% 11.0 Bales/ha @ $450/B = 2.3% 11T/ha @ $275/T = 1.1%
10T/ha @ $320/T = 3.1% 10 Bales/ha @ $520/B = 3.1%
10T/ha @ $300/T = 1.1%
12T/ha @ $320/T = 4.7% 12 Bales/ha @ $520/B = 5.9%
12T/ha @ $300/T = 2.6%
13T/ha @ $320/T = 5.5% 13 Bales/ha @ $520/B = 7.4%
13T/ha @ $300/T = 3.3%
Table 14: Sensitivity Analysis - Murray
Rice
Cotton
Maize
9 T/ha @ $320/T = 2.3%
9 Bales/ha @ $480/B = 0.5%
10T/ha @ $275/T = 1.8%
11T/ha @ $360/T = 4.5% 10 Bales/ha @ $520/B = 2.4% 11T/ha @ $300/T= 1.9%

45

46

10T/ha @ $320/T = 2.9% 9 Bales/ha @ $520/B = 1.3%
10T/ha @ $300/T= 1.3%

The sensitivity analysis in Tables 13 and 14 shows:
Rice is the least sensitive crop to a reduction in yield and price, and has significant upside; and
Cotton is the most sensitive crop to a reduction in yield and price but has solid upside in the
when yield and prices are good.
Conclusion
The decision of which crop to grow should be based on best whole farm return and alignment
with your:
Skills;
Business resources including capital and operating funds;
Business and personal goals;
Business strategy; and
Preferred risk profile
Avoid making decisions based on gross margins alone, which don't provide the level of detail
required to address these key business drivers.
46
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2015 INDEPENDENT SOUTHERN NSW IRRIGATED CROP OPTIONS ANALYSIS