11th december,2015 daily exclusive oryza rice e-newsletter by riceplus magazine

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Daily Exclusive ORYZA Rice E-Newsletter

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www.ricepluss.com www.riceplusmagazine.blogspot.com

December 11 ,2015

Vol 5,Issue




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Cambodia Misses One Million Ton Rice

Export Target Due to Inadequate

Infrastructure, Says Prime MinisterDec 10, 2015

Cambodia failed to achieve the self-imposed target of exporting one million tons of rice by 2015due to inadequate milling and storage facilities as well as access to finance, the Xinhua NewsAgency quoted the country's Prime Minister as saying at a national conference.

"So far this year, we had exported only half a million tons of milled rice, or about 50 percent ofthe target, so we cannot achieve the target of exporting 1 million tons of milled rice by 2015," hewas quoted. "Tough competition with other rice exporters such as Thailand, Vietnam, Myanmar,

and India was also a contributing factor to the failure," he added.

The government set the target in 2010.

The Ministry of Agriculture is estimating the 2015 paddy rice output to exceed 9.2 million tons,including about 2.1 million tons from the dry season crop and about 7.1 million tons from themain season crop. It is expecting around 3 million tons of milled rice available for exports in2016.

China, France, Poland, Malaysia, and the Netherlands are the major destinations for Cambodia'smilled rice.

Cambodia has exported around 369,105 tons of milled rice in the first nine months of 2015, upabout 37% from around 269,370 tons exported during the same period last year. The SoutheastAsian nation exported around 370,000 tons of rice in 2014.

USDA estimates Cambodia to export 1.1 million tons of rice (including official and unofficialexports to Vietnam and Thailand through borders) in 2015, up about 10% from an estimated 1million tons in 2014.

Brunei Urges Rice Farmers to Adopt IPM

Technique to Avoid Pest-Related Yield LossesDec 10, 2015




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Brunei's Department of Agriculture and Agrifood (DAA) is promoting the use of Integrated PestManagement (IPM) techniques to avoid pest-related yield losses in the country, according toBrunei Times.

An official from the DAA told reporters that pests such as stem borers, brown plant hoppers,

green leafhoppers and rice leaf folders have been impacting reducing the effectiveness of rice production in the countries. He noted that these needed to be taken seriously to boost paddyyields.

"Most of these pests only affect the plant at a certain growth stage. But some of them also feedon the planting until ripening stage,” he was quoted. He added that the pests feed on the roots,

stems, leaves and grains of paddy, and they impact production depending on the incidence andseverity. Therefore checking the pest population is important, he said.

He noted that: "IPM is a comprehensive approach to pest control that combines the use of physical, cultural, biological and chemical control to reduce the incidence of pests to a tolerable

level while maintaining a quality environment.” He stated that chemical control should be usedas a last resort as chemicals are hazardous to human health and will allow pests to developimmunity to the pesticides.

The official noted that though the DAA is offering to sell pesticides to farmers at a reduced priceto help them contain production costs, it is discouraging the reliance of farmers on chemicalcontrol.

Brunei produces only 2% of the nation's domestic annual rice consumption of around 40,000tons. Brunei’s rice production has remained at around 1,000 tons since 2002. Brunei imports95% of its rice requirement from Thailand. Brunei imported about 20,948 tons of rice from

Thailand in the first ten months of 2015, and it imported a total of 42,207 tons of rice in 2014,according to data from the Thai Rice Exporters Association (TREA).

The USDA estimates Brunei to produce 1,000 tons of milled rice and import around 40,000 tonsin 2015, to meet a consumption demand of around 41,000 tons.

Philippines to Import 300,000 - 400,000 Tons

of Rice in Second Quarter of 2016 to Ensure

Adequate StocksDec 10, 2015

The government of the Philippines will buy an additional 300,000 - 400,000 tons of rice in thesecond quarter of 2016 to ensure adequate stocks amid concerns of extending dry conditions because of the El Nino weather phenomenon, according to Reuters. The National Food Authority




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(NFA) Council and the Cabinet Task Force on El Nino have agreed for the additional imports,according to the Presidential Communications Secretary.

"Preparations are in place to deal with the worst possible El Nino scenario," the official toldreporters. "The full effect of the current El Nino phenomenon will be felt in February and March

2016 when the entire country is projected to get only 20 to 30 percent of normal rainfall," headded.

The volume of new imports is above the already approved 500,000 tons of rice by the NFACouncil. The rice is purchased from Thailand and Vietnam, and is expected to be delivered in thefirst quarter of 2016. The new imports by the Philippines are expected to push up rice export prices in Asia.

Last month, the government indicated a need to purchase an additional 1.3 million tons of rice inthe second quarter, but the Economic Planning Secretary recently noted that the additionalrequirement could be lower than expected because of better than expected paddy output in the

coming months.

The Philippines imported a total of 1.8 million tons of rice this year due to reduced output fromthe El Nino linked dry weather conditions as well as other natural calamities like floods andstorms.

Indonesia Signs Four-Year G2G Rice Import

MoU with Pakistan

Dec 10, 2015

The government of Indonesia has signed a Memorandum of Understanding (MoU) to importaround one million tons of white rice with Pakistan between 2016-19, local sources quoted amessage from the Pakistan Embassy.

The Indonesian Trade Minister and the Ambassador of Pakistan have signed the MoU inIslamabad on December 9, 2015. The MoU is understood to help Indonesia to replenish its ricestocks amid concerns of falling production due to extending drought conditions.

The value of the four-year rice import contract is reportedly around $400 million. The

Indonesian state logistics agency Bulog and the Trading Corporation of Pakistan (TCP) willreportedly implement the contract.

The Indonesian government has similar rice import MoUs with other ASEAN countries such asThailand, Vietnam, Cambodia and Myanmar. However, this is the first time it has signed a MoUwith a non-ASEAN country.




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Trade between Pakistan and Indonesia increased significantly following the conclusion of aPreferential Trade Agreement in 2013.

Export quotes of Pakistan 5% and 25% broken rice varieties increased to $335 per ton and $305 per ton in response to the MoU news.

South Korea Buys 55,555 Tons of Non-

Glutinous Brown Rice in Tender

Dec 10, 2015

South Korea's state run Agro Fisheries & Food Trade Corporation (KAFTC) has purchased

55,555 tons of non-glutinous brown rice of China and U.S. origins for delivery between March31, 2015 and April 30, 2015 in tenders that closed on December 9, 2105, according to astatement on its website.

The details of the bidding are as follows:

Global Rice Quotes

December 10th, 2015

Long grain white rice - high quality

Thailand 100% B grade 355-365 ↓

Vietnam 5% broken 370-380 ↔

India 5% broken 345-355 ↔

Pakistan 5% broken 330-340 ↑

Myanmar 5% broken 410-420 ↑

Cambodia 5% broken 415-425 ↔

U.S. 4% broken 485-495 ↔

Uruguay 5% broken 515-525 ↔

Argentina 5% broken 530-540 ↔

Long grain white rice - low quality

Thailand 25% broken 335-345 ↔




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Pakistan 25% broken 300-310 ↑

Cambodia 25% broken 400-410 ↔

India 25% broken 320-330 ↔

U.S. 15% broken 515-525 ↔

Long grain parboiled rice

Thailand parboiled 100% stxd 345-355 ↔

Pakistan parboiled 5% broken stxd 405-415 ↔

India parboiled 5% broken stxd 340-350 ↔

U.S. parboiled 4% broken 590-610 ↔

Brazil parboiled 5% broken 545-555 ↔

Uruguay parboiled 5% broken NQ ↔

Long grain fragrant rice

Thailand Hommali 92% 690-700 ↓

Vietnam Jasmine 440-450 ↔

India basmati 2% broken NQ ↔

Pakistan basmati 2% broken NQ ↔

Cambodia Phka Mails 830-840 ↔

Brokens

Thailand A1 Super 325-335 ↔


Pakistan 100% broken stxd 285-295 ↔

Cambodia A1 Super 355-365 ↔

India 100% broken stxd 280-290 ↔

Egypt medium grain brokens NQ ↔

U.S. pet food 330-340 ↔

Brazil half grain NQ ↔




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

India Rice Stocks in Central Pool Stand at

11.315 Million Tons as of December 1, 2015;Down 48% from Last Year

Dec 10, 2015

India’s rice stocks in the central pool as of December 1, 2015 stood at around 11.315 million

tons (including a milled equivalent of about 2.041 million tons of paddy), down about 48% from

around 21.57 million tons recorded during the same period last year, according to data from theFood Corporation of India (FCI).

Month-over-month, India's rice stocks in the central pool are down about 8% from around 12.27million tons recorded on November 1, 2015. The current rice stocks are about one million tonsmore than the required strategic reserve norms of around 10.25 million tons for this time of theyear, according to the FCI.Total food grain stocks (including rice and wheat) in the central poolstand at around 38.278 million tons as of December 1, 2015, down about 22% from last year'sstock of around 49.381 million tons and down about 9% from last month's stock of around 42.26million tons. Wheat stocks stand at around 26.88 million tons, down about 2.5% from last year'sstock of around 27.569 million tons and down about 10% from last month's stock of around

26.88 million tons.The government of India had revised the buffer norms for food grains,including rice, in the Central Pool in January this year. According to the new norms, bufferstocks for food grains to be maintained with the FCI at this part of the year is 30.77 million tons.

Exclusive News have been shared with written permission of ORYZA.com with thanks

11th december,2015 daily exclusive oryza rice e-newsletter by riceplus magazine

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