4th february,2014 daily exclusive oryza e newsletter by riceplus magazine

4th February, 2014

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TOP Contents - Tailored for YOU
Latest News Headlines…
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Philippines Average 2013 Rice Prices Up 5% Y-o-Y
Thailand 2013 Rice Exports Decline to 6.6 Million Tons Due to Political Turmoil, High Prices
Argentina Rice Lowest Offer in Iraq Rice Tender for 30,000 Tons
Namibia Focuses on Full-Scale Rice Production
India Denies Export of Subsidized Grains at WTO
Asia Rice Quotes Unchanged Today
Indonesia Agriculture Professor Urges Philippines to Redefine Self Sufficiency in Rice Policy
Philippines NBI to Reinvestigate 2010 Rice Smuggling Reports
Improving Hybrid Rice Grain Quality, Yield is Vital for U.S. Louisiana State Rice Producers, Says LSU
AgCenter Director
Oryza Quick Glance at World News
Oryza U.S. Rough Rice Recap – Uneventful Market as Bids Drop with Futures; Awaiting Iraqi Tender
Results
U.S. Senate Passes Five-Year Farm Bill, Finally
Zanzibar Farmers Disappointed with ‘New Rice For Africa’ Seed
IRRI to Launch New Crop Plating Resource Tool – ORYZA3000
Another Thailand Election Expected after Protests Disrupted Voting; Mortgage Scheme to End this
Month
Oryza Rice Currency Analysis for Today – Mexico Peso Down 1.4%
India PM Urges People to Drop Prejudice Against GM Crops
Oryza Global Rice Quotes

NEWS DETAILS:
Philippines Average 2013 Rice Prices Up 5% Y-o-Y

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Average domestic rice
prices in the Philippines
were up about 4% – 5%
higher in the calendar
year 2013 compared to
the previous year, with
average prices remaining
high in the last few
months
of
2013,
according to the Bureau
of Agriculture Statistics
(BAS).Average paddy
rice price stood at
around
P16.94
per
kilogram in 2013, up
about 4.5% from around
P16.22 per kilogram in
2012. Average wholesale
price of well-milled rice
(WMR) stood at around
P34.48 per kilogram in
2013, up about 5% from around P32.82 per kilogram in 2012. Average WMR retail price stood at around 36.87 in
2013, up about 4.5% from around P35.3 per kilogram in 2012.
Average wholesale price of regular-milled rice (RMR) stood at around P31.56 per kilogram in 2013, up about 5%
from around P30.04 per kilogram in 2012. Average RMR retail price stood at around P33.70 per kilogram in 2013,
up about 5% from around P32.08 per kilogram in 2012.In terms of USD per ton (using historical exchange rates),
average paddy rice price stood at around $399 per ton in 2013, up about 3.5% from around $386 per ton in 2012.
Average wholesale price of well-milled rice (WMR) stood at around $813 per ton in 2013, up about 4% from around
$781 per ton in 2012. Average retail price of well-milled rice (WMR) stood at around $870 per ton in 2013, up about
3.5% from around $840 per ton in 2012.Average wholesale price of regular-milled rice (RMR) stood at around $744
per ton in 2013, up about 4% from around $714 per ton in 2012. Average retail price of regular-milled rice (RMR)
stood at around $795 per ton in 2013, up about 4% from around $763 per ton in 2012.
Tags: Philippines rice prices
Feb 03, 2014

Thailand 2013 Rice Exports Decline to 6.6 Million Tons Due to Political Turmoil,
High Prices
Feb 03, 2014

Cell # 92 321 369 2874

Thailand rice
exports have
declined for
the
second
consecutive
year, reaching
around
6.6
million tons
in
the
calendar year
2013, down
about
5%
from around
6.7
million
tons exported
in 2012, and
down about
17% from the
government
target of 8
million tons,
according to
preliminary
estimates by the USDA Post in Bangkok.Thailand lost its top rice exporter status in 2012, when the country’s
rice exports stood at around 6.9 million tons, down about 35% from around 10.6 million tons exported in the
previous year.
Traders said rice exports declined mainly because of artificially high prices (about 40-50% higher than market
prices) due to the government rice mortgage program which began in October 2011. The government soon
became the largest buyer of rice in the country and government rice stocks are estimated at around 12.8 million
tons at the end of 2013, up about 130% from around 5.6 million tons in 2011.Lack of funds forced the
government to rethink its rice policy and the National Rice Committee recently decided to discontinue the rice
mortgage program after the first phase ends in February 2014.
However, political turmoil, corruption and lack of funds are growing challenges for the rice sector in Thailand.
Only about 45.8% of voters participated in the elections held on February 2, 2014, and protesters -- which
included thousands of rice farmers upset with delayed payments under the rice mortgage program -- prevented
polling in some parts of the country. The Election Commission may order a re-election within 180 days, which
means that rice farmers and exports may continue to suffer for another six months.Meanwhile, the caretaker
Trade Minister says that the ongoing probe by the National Anti-Corruption Commission (NACC) into the rice
mortgage program may lead to cancellation of a government-to-government deal to export one million tons of
rice to China.

Cell # 92 321 369 2874

Tags: Thailand rice exports 2013

Argentina Rice Lowest Offer in Iraq Rice Tender for 30,000 Tons
Feb 03, 2014

Argentine rice was offered lowest in the international tender from Iraq to buy at least 30,000 tons. The tender
closed on February 2, 2014, and offers must remain valid until February 6, 2014.According to trade sources,
Argentine rice was offered lowest at $703.80 per ton cif free out (ciffo), Uruguayan rice was offered lowest at
$713 per ton ciffo and U.S. rice was offered lowest at $725.60 per ton ciffo. No purchase has yet been made in
the tender.
Tags: Argentina rice exports, Iraq rice tender, U.S. Rice exports, Uruguay rice exports, Iraq rice imports

Namibia Focuses on Full-Scale Rice Production
Feb 03, 2014

Traditional rice importer Namibia is planning to get into full-scale rice production soon to improve food
security of the country, according to local sources.An agricultural research technician in the Ministry of
Agriculture, Water and Forestry (MAWF) told sources that the completion of modern infrastructure at the
Kalimbeza National Rice Project near Katima Mulilo will allow Namibia to increase its rice production and
boost the country's food security.The MAWF technician says that harvest of three varieties of rice - as part of
trial farming under the Kalimbeza National Rice project - will end by February 2014.

The MAWF is targeting 75 tons of rice from 30 hectares, which is equivalent to an average of 2.5 tons per
hectare under the project. Two short rice varieties, Irga and Angola, are expected to reach the local market by
March 2014 and a long variety Supa is expected to reach by May 2014. If this goes off as planned, the Ministry
will extend the production to around 220 hectares, MAWF says.The project also aims at completing the
warehouse, which includes a storeroom, a processing plant, a research laboratory, a milling machine, and the
office complex. The partnership between University of Namibia (Unam) and universities in rice expertise such
as Nagoya in Japan and Gadja Mada in Indonesia is expected to equip Namibians with the necessary skills and
competencies to increase rice production in the country.
Tags: Namibia rice production, Ministry of Agriculture, Water and Forestry (MAWF)

India Denies Export of Subsidized Grains at WTO
Feb 03, 2014

The Indian government has denied the charges by some countries including the U.S. and Pakistan that India
exports subsidized rice and wheat grains, according to local sources.In a meeting of the WTO's Committee on
Agriculture on January 29, 2014, the U.S., Pakistan and Canada had questioned India whether its grain exports
followed the World Trade Organization (WTO) rules. While Pakistan questioned India's rice export figures and

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asked how basmati and non-basmati were graded, the U.S. and Canada asked whether India contracted price for
wheat exports was lower than the floor price and lower than the U.S. and Canada wheat export prices.However,
India has denied such claims.
Government sources say India was not exporting subsidized grains and is complying with all international
norms. They added that India will send its response with supporting data in the next few weeks.The
development comes less than two months after the WTO's ninth ministerial conference in Bali, Indonesia,
where India succeeded in renegotiating the agreement related to food subsidies. Developed countries led by the
U.S. had opposed renegotiating the agreement on agriculture subsidies nearly two decades ago as there were
concerns that international markets may be flooded with subsidized grains. However, getting that deal was
important for India keeping in view its cost of building stocks for food security. According to the deal, there
would not be legal action on the developing countries for breaching farm subsidy limits, which were fixed at
10% of total produce, on items covered under the country's food security programs.Trade experts expect India
to breach the WTO prescribed subsidy limits once it fully implements its Food Security Program. Experts say
that developed countries may target India’s future grain exports and may even seek damages or restriction on
shipments because India got the deal without the support of the developed countries.
Tags: India food security law, World Trade Organization (WTO), India food subsidies

Asia Rice Quotes Unchanged Today
Feb 03, 2014

Thailand, India and Pakistan rice sellers kept their quotes mostly unchanged today. Vietnam rice sellers are out
today due to a holiday.
5% Broken Rice
Thai 5% rice (of new crop) is quoted around $435 - $445 per ton, about a $35 per ton premium over Viet 5%
rice last shown around $400 - $410 per ton.
Indian 5% rice is quoted around $410 - $420 per ton, about a $20 per ton premium over Pak 5% rice quoted
around $390 - $400 per ton.
25% Broken Rice
Thai 25% rice (of new crop) is quoted about $390 - $400 per ton, about a $15 per ton premium over Viet 25%
rice last shown around $375 - $385 per ton.
Indian 25% rice is quoted about $355 - $365 per ton, about a $10 per ton premium over Pak 25% rice quoted
around $345 - $355 per ton.
Parboiled Rice
Thai parboiled rice of the old crop is quoted around $455 - $465 per ton.
Indian parboiled rice is quoted around $395 - $405 per ton, about $10 per ton discount to Pak parboiled rice
quoted around $405 - $415 per ton.
100% Broken Rice
Thai broken rice, A1 Super, of the old crop is quoted around $310 - $320 per ton, about a $45 per ton discount
to Viet broken rice last shown around $355 - $365 per ton.

Cell # 92 321 369 2874

Indian broken sortexed rice is quoted about $295 - $305 per ton, about a $25 per ton discount to Pak broken
sortexed rice quoted around $320 - $330 per ton.
Tags: Asia rice quotes, India rice quotes, Pakistan rice quotes, Thailand rice quotes, Vietnam rice quotes

Indonesia Agriculture Professor Urges Philippines to Redefine Self Sufficiency in
Rice Policy
Feb 03, 2014

Former Indonesian Agriculture Minister and Professor, Dr. Sjarifudin Baharsjah, has urged the Philippines to
redefine its self sufficiency in rice policy and consider availability of natural resources and poverty levels in the
country.Citing the Indonesian experience, Dr. Sjarifudin Baharsjah says the rice self-sufficiency policy of the
Philippine government should continue as it improves the economy of the country, but warns that the policy
might lead to dire consequences if not designed properly. He says Indonesia achieved rice self-sufficiency
through Green Revolution technology with the support of the government, but the Indonesian experience shows
how government policy along with opening of the domestic market leads to poverty and unemployment in rural
areas.
Dr. Sjarifudin Baharsjah says the Philippine government has to redefine their program addressing the
“agriculture economic involution” of the rural areas as most of the country's population lives in rural areas. He
adds that a self-sufficiency program should be based on the actual availability of natural resources and the best
possible agricultural practices being adopted. Such a program would ensure production of enough food for the
country, higher farm income, welfare of farmers and contribute in national development.Dr. Baharsjah was
recently awarded with the 2013 Dioscoro L Umali Award in Agricultural Development. The Umali Award is a
collaboration between the Southeast Asian Regional Center for Graduate Study and Research in Agriculture
(SEARCA), the National Academy of Science and Technology (NAST) of the Philippines, and the Dioscoro L.
Umali Foundation (DLUF).
Tags: Philippines self sufficiency in rice, Dr. Sjarifudin Baharsjah, 2013 Dioscoro L Umali Award, Indonesia self sufficiency in rice

Philippines NBI to Reinvestigate 2010 Rice Smuggling Reports
Feb 03, 2014

The National Bureau of Investigation (NBI) in the Philippines has formed a task force to reinvestigate reports of
alleged rice smuggling in the country in 2010, in accordance to Justice Secretary Leila de Lima’s order to
reopen the probe, according to local sources.The task force includes the NBI's anti-graft division and its
regional office in Metro Manila. According to local sources, the task force held its first conference on January
30, 2014 in which some officials of the National Food Authority were questioned.
The probe assumes significance because several consumer groups have questioned both the government’s and
the NFA's role in the rice smuggling in the country. Recently, a consumer group alleged that the NFA issued
import permits to rice traders linked to smuggling activities, while another group alleged of the Agriculture

Cell # 92 321 369 2874

Secretary’s involvement in the illegal activities in rice smuggling.The Commission of Audit (COA) has already
begun a fraud audit of the NFA, and is auditing the transactions of the NFA in the last seven years. According
to the COA Chairman, the audit found "some badges of fraud" in the NFA transactions. However, the
Department of Agriculture (DA) has denied allegations of collusion with rice smugglers.
Tags: Philippines rice smuggling

Improving Hybrid Rice Grain Quality, Yield is Vital for U.S. Louisiana State Rice
Producers, Says LSU AgCenter Director
Feb 03, 2014

Improving grain quality and yield of hybrid rice is the major challenge for rice producers in Louisiana state, in
the U.S., in 2014, according to the Louisiana State University AgCenter Research Station Director.The LSU
AgCenter Director told local sources that improving both grain quality and yield of rice hybrids is important for
the Louisiana state rice producers as the state produced a record 8.15 tons of rice per hectare in 2013 and this
year the rice acreage is expected to increase further. He says that though hybrids have a significant yield
advantage over the pure line varieties, hybrids have lower whole grain yields after milling and more chalk in the
milled rice kernel.
The AgCenter scientists are therefore working to enhance the yield of these hybrid varieties while improving
the grain quality and appearance, he adds.The LSU AgCenter Director also said that this year more emphasis
would be given to growing medium type grain in the state as it is attracting a premium compared to long grain
types. He said the Louisiana rice is exported to many countries and expressed confidence that up to 70% of the
Louisiana rice crop can enter the export market in the next few years. He emphasized that the state’s rice
growers could partner with China, which has been boosting its rice imports in recent years, and it could be an
excellent market for Louisiana produced rice in the coming years. He also added that more young people are
taking up rice farming in recent years and it is a good sign for the state’s rice industry.
Tags:
U.S. rice production, Louisiana State University AgCenter Research Station (LSU AgCenter)

Oryza Quick Glance at World News
Feb 03, 2014

Financial Times –
*India’s struggling telecoms industry is today due to kick off its latest round of spectrum auctions of about $1.8
billion, after the nation’s Supreme Court on Sunday rejected a last-minute petition from Vodafone and Bharti
Airtel to delay the contest.
*North Korea is stepping up pressure on the U.S. and South Korea to cancel a major military exercise due to
begin next month, with a senior official warning that the drills will push the peninsula “to the brink of war.”

Cell # 92 321 369 2874

*South Africa’s main opposition party has accused Mamphela Ramphele, the prominent black rights activist, of
reneging on an agreement to become its presidential candidate, in an embarrassing blow to the opposition weeks
ahead of elections.
*Seven hedge funds have filed a €1.8 billion lawsuit against Porsche’s chairman and another board member, in
the latest legal tussle related to the carmaker’s failed takeover bid for Volkswagen.
*Electricity-starved Pakistan is close to signing a deal with Qatar worth as much as $2.5 billion a year for the
supply of liquefied natural gas (LNG) from the Gulf emirate to fuel Pakistan’s power grid, according to senior
officials in Islamabad.
*Philip Seymour Hoffman, the award-winning actor, was found dead in his New York apartment on Sunday,
the police said.
*Indonesian exports rose 10.3% from a year earlier in December, easily beating forecasts for a 1.7% gain.
Imports fell 0.8%. The jump in exports helped the trade balance produce a surplus of $1.52 billion in December,
doubling estimates in a Bloomberg poll.
*The proposed Keystone XL oil pipeline from Canada to Nebraska has cleared a vital hurdle, as a State
Department report said blocking the project would not stop an increase in production from the oil sands of
Alberta.
Wall Street Journal*Thailand's consumer-price index rose 1.93% on year in January, accelerating slightly from December's 1.67%
increase, Commerce Ministry Deputy Permanent-Secretary Urawee Ngowroongrueng said Monday.
*The U.S. and E.U. are stepping up efforts to sway the outcome of the political crisis in Ukraine, putting
together a short-term financial aid plan in a move to counter pressure from Moscow.
*The six powers negotiating a nuclear accord with Iran will take the time they need to seal what will be an
"extremely difficult" accord even if that means extending their six-month timeline, E.U. foreign-policy chief
Catherine Ashton said.
*India's weakest economic expansion in a decade was worse than previously estimated, as the government
Friday slashed its official growth figure for the latest fiscal year in Asia's third-largest economy. India's
statistics ministry said the economy grew 4.5% in the year ended March 31, 2013, falling short of its estimated
rate of 5%.
*Thailand's national elections were marred by protests and ended with inconclusive results that were likely to
extend the country's political paralysis. Voting was disrupted in 11% of electoral districts, making it impossible
to tally final results, said Supachai Somcharoen, chairman of the country's Election Commission.
*Israeli officials lashed out at Secretary of State John Kerry for warning the Jewish state about rising boycotts
should peace talks with the Palestinians fail, reflecting tension between the allies as details emerged of a U.S.
peace framework.
*A strong earthquake with a preliminary magnitude of between 5.7 and 6.1 hit the western Greek island of
Kefalonia before dawn Monday, sending panicked residents into the streets just over a week after a similar
quake damaged hundreds of buildings on the island.
*China official nonmanufacturing Purchasing Managers' Index fell to 53.4 in January from 54.6 in December,
the China Federation of Logistics, and Purchasing said on Monday. The federation's official manufacturing
PMI, a companion index, fell to 50.5 in January compared with 51 in December, it said on Saturday.
New York Times-

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*Al Qaeda's general command said it had no link with the Islamic State in Iraq and the Levant (ISIL) and that it
was not responsible for the actions of the militant group, which has clashed with other Syrian rebels this year.
*The U.S. downgraded India's aviation-safety ranking on Friday, citing inadequate oversight by local regulators
and effectively barring the country's fast-growing airline industry from increasing service to American cities.
*Lloyds banking group is preparing a new offer of shares to the public and is in discussions with regulators over
resuming dividend payments in the second half of 2014.
*Markit's final Eurozone Manufacturing Purchasing Managers' Index rose to 54.0 last month, piping an earlier
flash reading of 53.9 and comfortably ahead of December's 52.7. The last time it was higher was in May 2011.
*The U.S. Department of Justice is investigating banks, private equity firms, and hedge funds that may have
violated anti-bribery laws in their dealings with Libya's government-run investment fund, the Wall Street
Journal reported, citing people familiar with the matter.
*Russian hypermarket chain Lenta, part owned by U.S. private equity firm TPG, said on Monday it would float
in London, tapping demand from investors for consumer-focused stocks buoyed by a rising middle class.
Tags: World news

Oryza U.S. Rough Rice Recap – Uneventful Market as Bids Drop with Futures;
Awaiting Iraqi Tender Results
Feb 03, 2014

The U.S. cash market was uneventful today as sleet covered parts of the U.S. mid-south inhibiting the
movement of rice. The market is currently waiting for the results from the latest Iraqi tender and early reports
indicate that the U.S. was more than $20 per ton greater than the cheapest South American Offer. Analysts
expect that we should have the final results by Friday.
New crop offers could still be found today around $13.33-$14.44 per cwt fob farm (about $294-$318 per ton)
depending on where they are located while most bids were said to be near $13.00-$13.33 per cwt fob farm
(about $287-$294 per ton).As for old crop, offers could still be found as low as $15.55 fob farm (about $343 per
ton) although most farmers have now set their sights on $16.11 per cwt fob farm (about $355 per ton) or higher.
Bids from larger mills decreased again today to around $14.80 per cwt (about $326 per ton) while bids for
exporters could still be found around $15.50 per cwt (about $342 per ton), both for February through March
delivery, however there were no trades reported today.
Tags: U.S. rice prices, U.S. rice market

U.S. Senate Passes Five-Year Farm Bill, Finally
Feb 03, 2014

Monday evening the U.S. Senate passed the new five-year Farm Bill 72-22 after two years of debate and
revision. The Congressional Budget Office (CBO) is expected to release an updated budget forecast
Tuesday. In early March, the government will set crop insurance premiums for Midwest corn states for the
2014 crop year, and CBO will update the budget at that time.
Tags: U.S. Farm Bill

Cell # 92 321 369 2874

Zanzibar Farmers Disappointed with ‘New Rice For Africa’ Seed
Feb 03, 2014

The acting minister for Agriculture and Natural Resources reports that rice farmers in Zanzibar aren’t pleased
with the NERICA (New Rice for Africa) seed rice they’ve been asked to plant. For the last four years Zanzibar
farmers have been encouraged to grow NERICA rice, which is a hybrid of high-yielding Asian rice and diseaseresistant African rice. The Agriculture minister rejected claims that the rice struggles to grow in Zanzibari soil
and said farmers don’t like it because “it does not have a pleasant aroma.”Zanzibar is trying to achieve food
self-sufficiency but currently grows only 16% of the 80,000 tons of rice consumed there annually. The
government and organizations such as Feed the Future are trying to increase irrigation from 700 hectares in the
country to 8,500 hectares by 2017.
Tags: Zanzibar rice production, NERICA (New Rice for Africa)

IRRI to Launch New Crop Plating Resource Tool – ORYZA3000
Feb 03, 2014

Farmers from Indonesia, the Philippines, Thailand, and Vietnam will soon have a new resource to help them
plan crop plantings. Scientists working with the International Rice Research Institute (IRRI) in the Philippines
are refining the current computer program (ORYZA2000), which provides information such as rice yield
estimates for a given planting period based on data such as temperature, wind speed, and precipitation.
Japanese researchers have worked to speed up the ORYZA2000 program and better account for monsoons and
climate change. The result is a new program called ORYZA3000. It’s creators say the biggest challenge now
facing the effectiveness of ORYZA3000 is the availability of meteorological data and data collection from the
rice fields.IRRI has made ORYZA2000 source code available in the public domain so that anyone can use it
and adapt it. The source code for ORYZA3000 will not be made public.
Tags: International Rice Research Institute (IRRI), ORYZA2000, ORYZA3000, rice planting, crop planting technology

Another Thailand Election Expected after Protests Disrupted Voting; Mortgage
Scheme to End this Month
Feb 03, 2014

Thai citizens were looking forward to some resolution this week as they head to the polls for national elections,
but unfortunately the Election Commission has said that election results are inconclusive. In 11% of electoral
districts, protests disrupted the democratic process to the point of preventing a final tally. The protests were
violent this weekend, with seven people injured on Saturday, the day before elections, when rival factions
entered into a gun battle in Bangkok. Many protestors are showing their displeasure with the current Prime
Minister, Yingluck Shinawatra.

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Ms. Yingluck has already announced that the rice mortgage program will not continue beyond this month. The
rice mortgage program had received excessive criticism both domestically and internationally.The Election
Commission hopes to have a new election date for citizens in areas where they were unable to vote. Many Thais
are critics of both the current caretaker government and the opposition leadership, leading Thai citizen between
a rock and a hard place.
Tags: Thailand rice mortgage scheme, Thailand political unrest

Oryza Rice Currency Analysis for Today – Mexico Peso Down 1.4%
Feb 03, 2014

U.S. dollar index was down -0.32% from the open today, when it traded at 81.052 at the close.
Euro was stronger +0.30% today by the close, trading around 1.3527 by end of day, after trading between an
intraday high of 1.3536 and low of 1.3477.
Thai baht was stronger +0.27%, trading at 32.932 at the close of business.
Indian rupee was stronger +0.13% at 62.5750.
Brazilian real was -1.12% weaker than the open at today’s close, when it ended at 2.4403 reais per dollar.
Pakistan rupee was -0.13% weaker at 105.6100.
Vietnamese dong was unchanged at 21060.
Mexican peso was -1.37% weaker today, when it traded at 13.5433 pesos per dollar by the close of business
today.
Chinese yuan was stronger +0.01%, trading at 6.0606.
Argentine peso was +0.05% stronger, trading at 8.0133 pesos per dollar.

India PM Urges People to Drop Prejudice Against GM Crops
Feb 03, 2014

The Indian Prime Minister (PM) says that the Genetically Modified (GM) crops have
great potential to improve yields and while safety is important people should not
succumb to unscientific prejudices against GM crops.The PM said that the Department
of Biotechnology has started private public partnerships in research and development

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(R&D) in biotechnology and appealed to the private sector to work with the government.
He asked agricultural scientists to launch an ever-green revolution to ensure food security and to improve land
and water productivity.Currently, India does not allow cultivation of GM food crops including GM rice, but
government representatives are largely in favor of introduction of GM rice and other GM foods. Last year, the
Genetic Engineering Appraisal Committee (GEAC) approved experimental field trials of some GM plants, but
the government postponed it because the matter is pending approval in the Supreme Court.Activists remain
opposed to GM crops in India. They say that not enough tests have been done on GM crops and add that
allowing GM crops will hurt the country’s exports due to fear of contamination among rice importing countries.
Tags: India rice, Genetically Modified rice

Oryza Global Rice Quotes
February 3rd, 2014
Long grain white rice - high quality
Thailand 100% B grade
450-460
Vietnam 5% broken 400-410
↔
India 5% broken
410-420
↔
Pakistan 5% broken 390-400
↔
Cambodia 5% broken 450-460
↔
U.S. 4% broken
585-595
↔
Uruguay 5% broken 625-635
↔
Argentina 5% broken 625-635
↔
Long grain white rice - low quality
Thailand 25% broken 390-400
↔
Vietnam 25% broken 375-385
↔
Pakistan 25% broken 345-355
↔
Cambodia 25% broken
420-430
India 25% broken
355-365
↔
U.S. 15% broken
565-575
↔

↔

↔

Long grain parboiled rice
Thailand parboiled 100% stxd
455-465
Pakistan parboiled 5% broken stxd 405-415
India parboiled 5% broken stxd
395-405
U.S. parboiled 4% broken
660-670
↔
Brazil parboiled 5% broken 590-600
↔
Uruguay parboiled 5% broken
NQ ↔

↔
↔
↔

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Long grain fragrant rice
Thailand Hommali 92%
945-955
Vietnam Jasmine
555-565
↔
India basmati 2% broken
1515 -1525
Pakistan basmati 2% broken NQ ↔
Cambodia Phka Malis 895-905
↔
Brokens
Thailand A1 Super
310-320
↔
Vietnam 100% broken
355-365
Pakistan 100% broken stxd 320-320
Cambodia A1 Super 365-375
↔
India 100% Broken stxd
295-305
Egypt medium grain brokens NQ ↔
U.S. pet food 470-480
↔
Brazil half grain
345-355
↔
Medium grain milled
U.S. Calrose 4% broken
Egypt medium grain 6%

620-630
NQ ↔

↔
↔

↔
↔
↔

↔

All prices USD per ton, FOB vessel, oryza.com
Contents are published with permission of ORYZA

For Advertising SPECS & RATES

Contact: Advertising Department
Mujahid Ali
mujahid.riceplus@gmail.com
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4th february,2014 daily exclusive oryza e newsletter by riceplus magazine