Professional Documents
Culture Documents
Global
Rice E-Newsletter
February 11 , 2015
V o l u m e 5, Issue I
Indian rice exporters may soon be able to resume Basmati exports to Iran. Top officials in the
country have assured India that the temporary ban placed on imports late last year will be lifted
shortly and the process of registration of suppliers will begin.A team of officials from the
Commerce Ministry recently visited Iran to hold talks with their counterparts on exports of a
variety of products including rice.
Low exports likely
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In 2014-15, exports of rice from India to Iran are likely to be around 8 lt, as opposed to
expectations of 10 lt. In 2013-14, Indias export of Basmati to Iran was a whopping 1.4 million
tonne.Sundaresan said that while Iran had not indicated how much they want to buy, the general
expectation was that it would be lower this year as there was still a lot of existing stock in the
market.Iran stopped importing rice late last year (August-September) as there was a glut in the
country because of a robust local production and a spill-over in stocks from the previous year.
Payment mechanism
Iran had stepped up its purchase of all items including rice from India over the last couple of
years to get around economic sanctions imposed by Western countries over its alleged nuclear
activities.India and Iran have put in place a Rupee payment mechanism wherein part payment for
the oil purchased from Iran by India is deposited in a Rupee account in Indias UCO Bank.The
money is then used to make payments to Indian exporters to Iran thereby avoiding payments in
Dollars and through foreign banks.
(This article was published on February 11, 2015)
http://www.thehindubusinessline.com/industry-and-economy/agri-biz/iran-to-resume-basmati-imports-from-indiasoon/article6883163.ece
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The ECOWAS Commissioner of Agriculture, Environment and Water Resources, Dr. Lapodini
Marc Atouga, represented by a Director at the Commission, said rice consumption in the last two
years in the sub-region had increased from 7 to 7.7 million tons, pointing out this clearly shows
that production is not matching up with the consumption as it has to depend on international
imports for 40 per cent of its rice supply with Thailand and Vietnam as the leading suppliers of
the commodity to the region.As a way of achieving its regional Agriculture Investment
Programme (RAIP), he said the Commission went a step further to develop projects and
programmes that will increase rice production and productivity in the region.
Source: Ghana/Starrfmonline.com/103.5FM
http://www.starrfmonline.com/1.1992346
The National Atomic Energy Agency (BATAN) will this year release five prime crop seedlings,
consisting of two types of rice seedlings, two sorghum seedlings and a peanut seedling, as the
result of the application of nuclear technology.We will immediately announce a superior rice
seedling called Tropiko, BATAN Radiation and Isotopic Application Center head Hendig
Winarno told The Jakarta Post at the Application of Radiation Processing for Sustainable
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Another of its products is the super water absorbent hydrogel (SWA), used for agriculture on
sandy or dry farms and aimed at efficient water use and maintaining the balance of soil
moisture.SWA usage for shallot cultivation in sandy soil in Samas Beach, Bantul, could
minimize irrigation from twice daily to once in three days, said Hendig.BATAN Nuclear
Technology Development Division deputy head Anhar Riza Antariksawan said agricultural
products using nuclear technology were safe to consume.The method is safe because radiation
immediately disappears, said Anhar.
He added that BATANs innovations in the field of agriculture could boost crop productivity and
help economic growth. He expressed hope that BATANs findings could be used by farmers in
Indonesia.We hope investors will be willing to produce these innovations en masse. BATAN
will provide technical assistance, said Anhar
http://www.thejakartapost.com/news/2015/02/11/batan-produce-prime-crop-seedlings.html#sthash.eOuWPaqG.dpuf
MALAYSIA - Kedah Regency Council deputy chairman and two rice millers have lodged a
report to the Malaysian Anti-Corruption Commission (MACC) against Agriculture and AgroBased Industry Minister Datuk Seri Ismail Sabri Yaakob over suspected power abuse in handling
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http://pakistanpressreleases.com/misc/small-and-medium-enterprises-financing-can-best-be-achieved-with-leasingand-hire-purchase-zulfikar-thaver/
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A farmer in one of Lalmonirhat's flood prone areas shows the Binadhan-11 variety he planted,
the flood tolerant variety of Aman plants were submerged for 15 days but still survived. Photo:
Star
Back in 2014, people living in the low-lying districts
of northern Bangladesh suffered from a devastating
flood, submerging traditional Aman rice varieties for
15 days, causing full or partial damage.Most of the
low-lying areas of Lalmonirhat, Kurigram,
Gaibandha, Nilphamari and part of Rangpur district
are affected by these recent flash-floods, causing huge
losses in agriculture in around fifty thousand households while more than fifty thousand hectares
of Aman rice crops are damaged in three districts of Lalmonirhat, Kurigram and Gaibandha, said
sources.
According to them, the loss is around 1.5 lakh tons of paddy, which is quite alarming.Some of
the affected farmers who live in Teesta and Dharla, said that this is now a common crisis because
of climate change. Flash flood is becoming a big threat for Aman rice production during
monsoon seasons. Aman rice is one of the most important crops in Bangladesh and connected
with the nation's food security.Due to climate changes, flash-floods occur almost every year
during monsoon and heavy rainfall. These flash floods occur twice or thrice in the same
monsoon, said an affected farmer Azizar Rahman, 65, from the flood affected village of Kalmati
in Lalmonirhat sadar.
He also said, On the other hand, due to heavy silt deposition, most of the rivers have lost the
free-flows they once had in the past which causes reduction in the depth and breadth of rivers
year after year.Just after continuous rainfall during monsoon, these rivers overflow their banks
and flow into the adjoining fields. As a result, most of the standing rice fields are affected for
about 1-2 weeks, causing severe damage of Aman rice crops, said another affected farmer, Altaf
Hossain, 58, at Char Kulaghat village in Lalmonirhat sadar.
Agrculture officials from three districts said that due to changes in climate, farmers lose around
one million tons of rice grain almost every monsoon, leading to food shortage in the country
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The report focuses on fourteen industry players providing information such as company profiles,
product picture and specification, capacity production, price, cost, production value and contact
information. Upstream raw materials and equipment and downstream demand analysis is also
carried out. The basmati rice industry development trends and marketing channels are analyzed.
Finally the feasibility of new investment projects are assessed and overall research conclusions
offered.
Key Topics Covered:
1. Basmati Rice Industry Overview
2. Global Basmati Rice Market Status Analysis
3. Major Regions Basmati Rice Market Status Analysis
4. Major Countries Basmati Rice Market Status and Analysis
5. Major Companies Basmati Rice Market Status and Analysis
6. Basmati Rice Industry Chain and Marketing Channels Analysis
7. Basmati Rice Industry Segment Market Analysis
8. Basmati Rice Industry Development Trend
9. Basmati Rice New Project Investment Feasibility Analysis
10. Global Basmati Rice Industry Research Conclusions
Companies Mentioned
Basmati
COFCO
Charoen
Coocosun
Fu Ji
Hai Rice
Hamsons
Ming Da
Riviana
Tilda
Uncle bens
Xin Li
Zhao Fa
Zhong Xing
For more information visit http://www.researchandmarkets.com/research/vts5ks/global_basmati
Read more here: http://www.heraldonline.com/2015/02/10/6785641/research-and-marketsglobal-basmati.html#storylink=cpy
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The past 40 years have seen major advances in rice improvement for the unique and diverse
growing conditions of Latin America and the Caribbean (LAC). The Rice Program of CIAT has
contributed greatly, working in collaboration with its many national partners.In search of an
ideal grain
Each new rice variety is an expression of the ideal plant type that the breeder has in mind. This is
one of the insights that guided the work of renowned rice scientist Peter Jennings, who
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The Earth is not flat, there is no tooth fairy and sulfate limits are
required to protect natural stands of wild rice.A recent
commentary on wild rice and pollution from an official of
Minnesota Power (For sulfate limits, stick to the science, Jan.
29) respected neither sulfate limits nor science. In order to
defend a major paying customer for its coal-generated power,
Minnesota Power misrepresented the impacts of decades of
sulfate pollution from the U.S. Steel Minntac tailings disposal
facility.
The evidence is clear that sulfate pollution from the Minntac facility has devastated downstream
beds of natural wild rice in Minnesotas Little Sandy and Sandy lakes. There are decades of
discharge-monitoring reports that document how sulfate pollution from the Minntac tailings
facility (there is no other nearby sulfate source) has exceeded Minnesotas water quality standard
by more than an order of magnitude.Wild rice is Minnesotas state grain, an important tribal
resource, and a vital plant to support aquatic life, ducks and mammals. The state has permanently
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Paula Maccabee is the advocacy director for WaterLegacy and serves on the MPCA Wild Rice Standards
Study Advisory Committee.
http://www.startribune.com/opinion/commentaries/291592851.html
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http://www.newsreview.com/chico/is-rice-safe-to-eat/content?oid=16279480
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Oil-rich Nigeria has long been dependent on staple imports to feed its 170m people, with a total
bill of $4.3bn at the end of December 2013. Nigeria has typically consumed around 6m tonnes of
rice a year, importing almost half the amount to bridge its supply deficit.However, a tighter fiscal
environment a result of declining oil revenues alongside efforts to strengthen the agricultural
sector, has prompted a state-led push to improve local staple crop production and sustainability.
To that end, the government plans to ban all rice imports by the end of this year, saving some
N360bn ($1.9bn) a year.The target is ambitious, but according to the Minister of Agriculture and
Rural Development, Akinwumi Adesina, Nigeria has recently reached 80% self-sufficiency in
paddy rice production, speaking in November at the Second Nigeria Rice Investment Forum.
Production increase
According to government officials, the recent increase in production has been achieved through
private sector investments as well as state support schemes for growers.Minister of Agriculture
and Rural Development, Akinwumi Adesina, said the introduction of new rice varieties that
meet international standards and allow for two plantings a year to generate additional yield will
boost output and quality as well as open up export opportunities in the future.We started a rapid
process of replacing local varieties with these new varieties, he told OBG.
Within the last three years, we have reached 6m farmers who have expanded cultivated area by
2m hectares. These new varieties can be produced in both wet season and dry season, so for the
first time in this country, we are doing dry season farming.I expect within three years Nigeria
will be a net exporter of rice just like Thailand and India, he added.The new strains will be
crucial but there is a broader package of measures currently being rolled out, including an
upgrade of infrastructure and storage facilities, which is equally important.
Realistically Nigeria must get its infrastructure right, including roads, irrigation and storage
facilities, along with co-operatives and efficiently sourced inputs, said Mukul Mathur, the head
of Nigeria Olam, which has invested N18bn ($111m) in an integrated farm and milling facility in
Nasarawa State. Only then will the discussion be about higher yielding seeds, Mathur told
OBG.
Private sector involvement
Significant investments have also been ploughed into processing capacity, with the number of
rice mills rising from one plant five years ago, to 24 at present, according to the Rice Millers,
Importers and Distributors Association of Nigeria. Increased processing will enable Nigeria to
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Based on this recent, targeted scientific research, the Minnesota Pollution Control Agency
(MPCA) reached the following conclusions in February 2014:
Sulfate is not directly toxic to wild rice. However, sulfate in the surface water can be converted
by bacteria to sulfide in the rooting zone of wild rice.
Sulfide is toxic to wild rice.
The 10 mg/L sulfate standard is needed and reasonable to protect wild rice production from
sulfate-driven sulfide toxicity.
The 10 mg/L wild rice sulfate standard should continue to apply to both lakes and streams
To add another layer of scientific protection from special-interest pressure to deregulate
pollution, the MPCA had a panel of seven scientists from around the world review the wild rice
sulfate research in detail. These scientists issued a final report in September 2014.
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Paula Maccabee is the advocacy director for WaterLegacy and serves on the MPCA Wild Rice Standards
Study Advisory Committee.
http://www.startribune.com/opinion/commentaries/291592851.html
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JENNINGS, LA -- The Grand Marais Center was packed here last night for the annual joint
meeting of the Louisiana Rice Council (LARC) and Louisiana Rice Growers Association
(LARGA). More than 225 attendees visited with exhibitors, heard remarks from the
Commissioner of Louisiana's Department of Agriculture and Forestry Dr. Mike Strain, USA
Rice Federation representatives, and the U.S. Department of Agriculture's Natural Resources
Conservation Service (NRCS) State Conservationist, Kevin Norton.After concluding the official
business of the organizations, USA Rice President & CEO Betsy Ward shared market updates on
Cuba, Iraq, and China. Included in her remarks was a "thank you" to Dr. Strain for his
leadership on the Iraq rice tender issue, including his meetings with the U.S. State Department
last month.
"As you can see, we're always trying to find ways to improve your viability," Ward told the
crowd, "and improving and expanding trade opportunities is a clear way to do that."USA Rice
Vice President of Marketing, Communications, and Domestic Promotion Michael Klein updated
attendees on domestic promotion initiatives and how USA Rice is integrating what they learned
during consumer focus groups."We know the public has great respect for farmers, loves
conservation and sustainability, and likes to eat local whenever they can," he said. "Our
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highlighting the legislative challenges and opportunities that lay ahead for the industry."Since
2010 there has been a fifty percent turnover in the House of Representatives," he explained.
"That's more than 200 Members of Congress who have never worked on a Farm Bill or really
know what it takes to get one done. We've already started educating these folks to prepare for
legislative battles we may not have for several years."
Capacity crowd
Commissioner Strain also spoke, emphasizing the economic impact agriculture has had on the
state economy, and how vital trade is for the sector. He also spoke out harshly and passionately
against the proposed Waters of the U.S. (WOTUS) rule."I'll make it real simple to remember,"
Strain said. "Waters of the U.S.? WOTUS? Woe to us is more like it!"The featured speaker of
the evening was NRCS State Conservationist Kevin Norton who talked about the many
conservation programs available to Louisiana's rice farmers.
"These programs are getting competitive, but rice is very competitive from a conservation
standpoint," he said.Norton said the state's rice farmers do a good job of taking advantage of
programs such as EQIP and CSP which recognize their contributions to conservation, but more
can always be done, specifically pointing to the Regional Conservation Partnership Programs
(RCPP) developed by USA Rice and Ducks Unlimited."You can sit back and watch change
happen around you, or you can get involved in the RCPP like the rice industry has done, and
shape change and build the program," Norton said.
Contact: Randy Jemison (337) 515-7250
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MLG/LDP
Rate
World Price
Milled Value
($/cwt)
Rough
($/cwt)
Rough ($/cwt)
Long-Grain
15.93
10.32
0.00
Medium-/Short-Grain
15.53
10.46
0.00
Brokens
9.61
----
----
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
Month
Price
Net Change
March 2015
$10.380
+ $0.145
May 2015
$10.615
+ $0.135
July 2015
$10.865
+ $0.130
September 2015
$10.895
+ $0.125
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November 2015
$11.115
+ $0.155
January 2016
$11.205
+ $0.155
March 2016
$11.205
+ $0.155
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FAAIF Limited is a legal and management consultancy firm servicing clients in Islamic banking,
finance, takaful, and the halal industry. FAAIF Events is an events production and management
company http://www.faaif.com.
Camille Paldi
FAAIF
+971569500562
email us here
http://www.einpresswire.com/
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India's buffaloes
India is the world's top milk producer. More than half of its milk comes from buffaloes, even
though the country's 108 million buffaloes are outnumbered by its 200 million cows.India is
home to 57% of the global buffalo population. There are 13 recognised breeds in the country experts say some of them are among the best in the world.On the top of the pyramid are the
Murrah water buffaloes, mostly found in northern and central India. There are six million of this
breed in Haryana alone.
Murrah buffaloes are in particular demand for their high milk yield - an average of 7 litres per
day, but some produce more than three times this amount. High-fat buffalo milk - thicker than
cow's - is used for making sweets and mozzarella cheese. The male's semen also fetches a good
price.Buffaloes are also more resistant to diseases than cows in tropical countries such as India.
Typically a cow suffers from infertility and udder infection after three lactation seasons over
three years and is often sold off cheaply - the cow is a sacred animal for Hindus, and many states
do not allow them to be slaughtered.A buffalo, by contrast, will easily last 10-15 lactation
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A GOOD plate of nasi briyani should be flavourful and aromatic.One eatery that has won over
the stomachs and taste buds of Klang Valley residents is Restoran Syed Kadir in SS19, Subang
Jaya.The restaurant was acknowledged as having the best nasi briyani in the The Star Peoples
Food Awards.
Owner Syed Kadir Syed Mahamad said he was surprised but thrilled to have received the
award.Syed Kadir has been in the business for 40 years and his name has become synonymous
with nasi briyani but he has tweaked the recipe and gave the dish a new name, nasi bukhara.We
registered the name nasi bukhara when my son created the special recipe, he said.Syed Kadir
added he opened his first restaurant in 1975 in Section 8, Petaling Jaya selling nasi
kandar and nasi briyani.
Popular vote: Restoran Syed Kadirs flavourful meals attract many customers who showed support during The Star Peoples
Food Awards.
Apart from his restaurant business, Syed Kadir also caters food.
Restoran Syed Kadir received 116 votes, beating 12
other briyani nominees to win the award via public nomination and
voting
on
Metro
Online
Broadcasts
(MOB)
website
(www.mob.com.my)
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The Star Peoples Food Awards is a monthly contest that recognises the best street food in the
Klang Valley.The public can vote for the best category-based street food such as curry
laksa (March) and rojak buah (April) via the MOB website.This month, vote for your
favourite popiah place in the Klang Valley.Nominations have ended and voting will begin on
Feb 15 and will end at midnight on Feb 28.Those who nominate, vote or successfully share a link
are automatically entered into the race to win attractive prizes such as hotel stays and dining
Source with thanks: The Star Online
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NEW YORK, Feb. 11, 2015 /PRNewswire/ -- Wolf Popper LLP is investigating potential
securities fraud claims on behalf of investors in Amira Nature Foods Ltd. ("Amira") common
stock (NYSE: ANFI) during the period September 27, 2012 through February 9, 2015. Such
investors are advised to contact Fei-Lu Qian at 877.370.7703 or fqian@wolfpopper.com.On
February 9, 2015, Prescience Point Research Group issued a report concluding that Amira,
among other things, had overstated its India-produced Basmati rice revenue by 146% in fiscal
2013 and 116.9% in 2014, citing reports on Basmati rice exports by the Indian government.
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INVESTOR ALERT: Investigation of Amira Nature Foods Ltd. Announced by Glancy Binkow
& Goldberg LLP
Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of
investors of Amira Nature Foods Ltd. (Amira Nature Foods or the Company)
(NYSE:ANFI) concerning possible violations of federal securities laws. The investigation is focused
on certain statements issued by Amira Nature Foods concerning the Companys business and
financial performance. Please contact Casey Sadler at (888) 773-9224 or (310) 201-9150, or at
shareholders@glancylaw.com to discuss this matter. If you inquire by email please include your
mailing address, telephone number and number of shares purchased. Amira Nature Foods is a Dubaibased company engaged in processing, distributing and marketing packaged specialty rice and other
food products.
The investigation is related to allegations that the Company misrepresented its business and financial
performance and failed to disclose material related-party transactions. On February 9, 2015, a report
by the analyst firm Prescience Point Research Group alleged that, according to Indian government
reports on Basmati rice exports, Amira Nature Foods had overstated its India-produced Basmati rice
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