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June 25,2015

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Mekong Delta enjoys bumper summer-autumn rice crops


The Mekong Delta Rice Research Institute has estimated that summer-autumn crops of the region would generate 9 million
tonnes of rice this year, up 120,000 tonnes from the same period last year, despite the reduction in cultivated area.

The Mekong Delta has harvested more than 300,000 hectares of rice to date, representing 18
percent of its rice growing areas.Average yield of the entire region is estimated around 5.45
tonnes per hectare while that of Can Tho, An Giang and Dong Thap provinces reaches 6.3-6.5
tonnes per hectare.The wholesale price for paddy rice is around 5,000-5,400 VND (0.23-0.25
USD) per kilogramme. Farmers earn a profit of 27-38 percent of the price as each kilogramme
produced costs them about 3,917 VND (0.18 USD).Mekong Delta provinces have followed a
strict schedule of rice farming to avoid drought, flooding and diseases.

Several new cultivation techniques have been spread among local farmers, notably 3 Down, 3
Up (3 Down: seeds, fertilizers and pesticides; 3 Up: productivity, quality and economic
efficiency), and 1 Must, 5 Down (1 Must: must use of certified rice seeds; 5 Down: decreases
in the amount of sowed seeds, in the use of crop protection chemicals, nitrogenous fertilizer and
water, and in post-harvest losses).The provinces focused on growing high-quality rice with more
than 85 percent of paddy areas while disease control and irrigation works were well-

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prepared.The farmers were also provided soft loans to purchase agricultural equipment for
improved cultivation.
VN

Tags: Mekong Delta enjoys bumper summer-autumn rice crops,

http://english.vietnamnet.vn/fms/society/134221/mekong-delta-enjoys-bumper-summer-autumn-ricecrops.html

Thai rice supply to M'sia not affected despite drought


Business Desk
The Star
Publication Date : 25 -06-2015
The ongoing drought in Thailand will not affect Malaysias supply of imported rice.Agriculture and
Agro-based Industry Deputy Minister Tajuddin Abdul Rahman said his ministry, which was monitoring
the situation in Thailand, was prepared to ensure it would not affect the countrys stockpile.However, if
the drought does affect our supply, we can direct Padiberas Nasional Bhd (Bernas) to look for other
sources including from other Asean countries.So far, there is no issue of supply problem, he said
yesterday.
Malaysia imports about one million tonnes of rice yearly, of which between 80 per cent and 90 per cent
come from Thailand. Malaysians are estimated to consume about 2.702 billion tonnes of rice per year
with Bernas importing about 30 per cent to 40 per cent the demand.Following the rice crisis of 2008, the
government had increased the national stockpile level from 92,000 metric tonnes to 292,000 metric tonnes
at any one time.Thailand is currently battling drought in eight of 76 provinces, but 31 other provinces are
faced with the risk of drought, Thailands Interior Ministry said.
The ongoing drought will cut major rice exporter Thailands 2015 off-season crop by over 30 per cent,
according to the latest report from Thailands Office of Agricultural Economics.Tajuddin said Thailand
government representatives attending Aseans Food and Agriculture Business Environment in post-2015
meeting in Hanoi had given their assurance to the ministry that they were committed to fulfilling the
demand from Malaysia.

He also gave an assurance that Bernas had committed to a long-term deal with Thailands rice suppliers
who must meet all the conditions agreed upon.I am sure when they entered the agreement, they will have
considered the best terms, including pricing, quality, safety and delivery, said Tajuddin.They have to
make sure that there will be no hiccup in terms of transportation and distribution.This is because the
supply of rice is critical to the people of the country, he added.

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http://www.asianewsnet.net/Thai-rice-supply-to-Msia-not-affected-despite-drou-77082.html

Basmati rice exporters in a fix over falling prices


Future looks tense as export deal with Iran delayed, international prices also low
Dilip Kumar Jha | Mumbai

June 25, 2015 Last Updated at 22:34 IST

Basmati rice exporters are worried at a sudden fall in


realisation in the wake of a supply glut.Data compiled by the
Agricultural and Processed Food Products Export
Development Authority show a decline in export by a
marginal 1.5 per cent in volume terms to 3.7 million tonnes
in 2014-15, as compared to 3.76 mt the previous year. In
value terms, however, the fall was 7.5 per cent, showing a
five
per
cent
fall
in
average
realisation.
Iran has purchased a lesser quantity in the past 18 months,
largely for political reasons.
If demand picks up and the price firms up, we can grab some market share from Pakistan, said
Gurnam Arora, joint managing director, Kohinoor Foods.The Saudi Arabia and Europe markets
did reasonably well. Saudi Arabia took over from Iran as Indias largest destination for basmati
rice export in 2014-15. It imported 966,931 tonnes worth $1,188 million, as compared to
826,289 tonnes valued at $1,109 mn in 2013-14.

Shipment to Iran declined 39 per


cent in value terms, to $1,108 mn
(935,568 tonnes) in 2014-15
versus $1,835 mn (14,40,654
tonnes) the previous year.The
government of Iran takes a rice
import decision based on the
current paddy crop. Since
September
is
the
normal
harvesting season, any decision on
bilateral rice import will be taken only around that time. Normally, they reduce customs duty on
import from the Most Favoured Nation. So, we will have to wait a couple of months for any
purchase agreement to get signed with India, said Ajai Sahai, Director General, Federation of
Indian Export Organisations.
4

A deal with Iran was expected to get signed in April but didn't happen. Currently, only a few
exporters are interested in shipping to Iran, due to uncertainty over special treatment for Indian
exporters.Global prices of rice have declined to the level of 2008. Emergence of some
competitors has also lowered basmati rice demand from Indias perennial importers. Third,

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importing countries are holding Indian rice imported earlier and are now disposing that inventory
instead of ordering new quantities, Sahai added.Meanwhile, the United States also lowered its
basmati rice purchase during the last financial year. After importing 103,378 tonnes worth
$143.88 million in 2013-14, total basmati rice exports to the United States fell to 80 540 tonnes
valued $132.30 million in 2014-15.
"Basmati rice exporters are bleeding due to high cost of processing and low realisation. Cost of
paddy procurement for 1121 variety of basmati rice stood at Rs 40,000 a tonne. On processing,
basmati rice manufacturing cost works out to Rs 70,000 a tonne. Further incurring cost on
exports should yield at least $1800 a tonne," said M P Jindal, President, All India Rice Exporters'
Association.So, the industry incurred a loss of around 30% during the financial year 2014-15
after similar loss witnessed in the previous year. Two consecutive years' loss has threatened
existence of many basmati rice exporters. Jindal urged the government to protect interest of
India's basmati rice exporters through some export subsidy.
http://www.business-standard.com/article/markets/basmati-rice-exporters-in-a-fix-over-falling-prices115062500844_1.html

APEDA (India) News


Price on: 24-06-2015

Product

Benchmark Indicators Name

Price

Turkish No. 2 whole pitted, CIF UK (USD/t)

5975

Turkish No. 4 whole pitted, CIF UK (USD/t)

5375

Turkish size 8, CIF UK (USD/t)

4375

Californian Thompson seedless raisins, CIF UK (USD/t)

2682

South African Thompson seedless raisins, CIF UK (USD/t)

2286

Australian 5 Crown, CIF UK (USD/t)

3037

Iranian natural sultanas (Gouchan), CIF UK (USD/t)

1873

Turkish No 9 standard, FOB Izmir (USD/t)

2150

Apricots

Raisins

Sultanas

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Source:agra-net

For more info

Market Watch
Commodity-wise, Market-wise Daily Price on 24-06-2015
Domestic Prices
Product

Unit Price : Rs per Qty

Market Center

Variety

Min Price

Max Price

Dahod (Gujarat)

Other

1200

1250

Guna (Madhya Pradesh)

Other

1150

1150

Deoli (Rajasthan)

Other

1050

1130

Dhing (Assam)

Other

1320

1500

Meghraj (Gujarat)

Other

1300

1400

Khanna (Punjab)

Other

1000

1130

Chala (Kerala)

Other

3200

3250

Shillong (Meghalaya)

Other

2000

2200

Ropar (Punjab)

Other

2400

2800

Mannar (Kerala)

Other

2500

2700

Bonai (Orissa)

Other

2000

3000

Kamthi (Maharashtra)

Other

2600

3000

Barley (Jau)

Maize

Pine Apple

Carrot

Source:agra-net

Egg

For more info

Rs per 100 No

Price on 24-06-2015

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Product

Market Center

Price

Ahmedabad

397

Chittoor

440

Hyderabad

390

Source: e2necc.com

Other International Prices

Unit Price : US$ per package

Price on 24-06-2015
Product

Market Center

Origin

Variety

Low

Potatoes

High
Package: 50 lb cartons

Atlanta

Baltimore

Detroit

Colorado

Russet

20

23.50

Idaho

Russet

16

19

Wisconsin

Russet

19

19.50

Cauliflower

Package: cartons film wrapped

Atlanta

Baltimore

Miami

California

White

23.50

23.50

Mexico

White

23

23

California

White

19.50

20

Grapes

Package: 18 lb containers bagged

Atlanta

Mexico

Red Globe

21.50

23.50

Dallas

Peru

Red Globe

28

28

Detroit

Mexico

Red Globe

24

26

Source:USDA

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Arsenic in Rice: What You Need to Know


By Rick Ansorge | Wednesday, 24 Jun 2015 06:05 PM
Now that millions of Americans are avoiding gluten in wheat products, theyre increasingly turning to
rice products, which are free of the protein that causes digestive stress in some people. What they may not
know is that rice contains shocking amounts of one of the worlds most insidious toxins: arsenic.Arsenic
is found naturally in soil and water. Most food crops dont readily absorb much of it. But rice is an
exception. It has a natural tendency to take in and concentrate environmental arsenic.
Arsenic is a lethal poison, and even a miniscule amount can have dire consequences. It is concerning for
long-term health effects, says Michael Crupain, M.D., director of Consumer Reports Food Safety and
Sustainability Center.Theres strong evidence that arsenic causes lung and bladder cancer, Dr. Crupain
tells Newsmax Health. Its also implicated in causing other cancers such as skin cancer.

Dr. Crupain and his colleagues did comprehensive tests of arsenic in rice and compiled previous findings.
They found wide variations in arsenic content, and concluded that these differences largely depend on the
type of rice and where it is grown. Here are six things you need to know about arsenic in rice:

1. White basmati and sushi rice contain the least arsenic.


White basmati rice from California, India, and Pakistan and sushi rice from any country are the
healthiest choices. They contain only about half as much arsenic per serving as most other types of rice. If
these were the only rice products consumed in a household, an adult could safely eat up to 4 servings (
cup uncooked) per week while a child could safely eat up to 2 servings per week, according to
Consumer Reports.
When we looked at basmati rice that comes from the south central U.S., which is sometimes called
Texmati rice, we didnt see that it had the same statistically significant lower levels of inorganic arsenic,
says Dr. Crupain. White basmati rice from California, India, and Pakistan contains about 50 percent less
arsenic as white basmati rice from Texas, Arkansas, and Louisiana. Overall, any type of white rice from
California contains about 38 percent less arsenic than any other white rice.

3. Brown rice contains the most arsenic.

On average, brown rice contains 80 percent more arsenic than does white rice of the same type. Thats
because arsenic accumulates in the grains brown outer layer, which is removed to make white rice.
Because brown rice contains more nutrients than white rice, however, experts dont recommend
completely avoiding it. Brown basmati rice from California, India, or Pakistan is your best brown rice bet.

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4. Some rice products are awash in arsenic.

One serving of hot rice cereal ( cup uncooked) and one serving of rice pasta (2 ounces uncooked) are
loaded with arsenic. Just a single serving of either food accounts for about half of the recommended
weekly maximum amount of rice for adults.

5. Other grains contain only minimal amounts of arsenic.

Compared to rice, other gluten-free grains such as amaranth, quinoa, buckwheat, millet, and polenta (or
grits) contain lower levels of arsenic. So do gluten-containing grains such as bulgur, barley, and farro.

6. Cook rice like pasta to reduce arsenic.

Studies suggest that you can remove 3050 percent of the arsenic in rice by cooking it like pasta.
Thoroughly rinse raw rice before cooking, boil it in a mixture of six cups of water to every one cup of
rice, and then drain the excess water.In general, brown rice holds up to this traditionally Asian cooking
method better than white rice. But you still may be able to remove a significant amount of arsenic from
white rice if you carefully rinse it before cooking it in the traditional American manner.
The full version of this article appeared in Health Radar newsletter. To read more, clickhere.

http://www.newsmax.com/Health/Headline/rice-brown-arsenictoxin/2015/06/23/id/651873/#ixzz3e9yjaXrG

Importers of rice, cement to stop accessing Forex from


banks CBN
By Daily Post Staff on June 25, 2015@dailypostngr

The Central Bank of Nigeria (CBN) says importers of rice, cement and other products will no
longer access Foreign Exchange from CBN, Banks and Bureau De change for such
importation.The CBN Governor, Mr Godwin Emefiele, who disclosed this at a news conference
on Wednesday in Abuja, said the measure would prevent further depletion of the countrys
foreign reserve.He said the country was spending huge amount to import things that could be
produced locally.Emefiele said the apex bank would not continue to support the importation of
such items through the use of the hard earned foreign exchange.Some of the products include

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margarine, palm kernel, palm oil products, meat and processed meat products, vegetables,
private airplanes and jets, Indian incense, tinned fish, galvanised steel sheet, roofing sheet and
furniture.Importers who may want to continue importing these goods would have to sort their
foreign exchange from their own private sources.
The CBN will continue to be vigilant around this policy, keep reviewing the list of items as it
becomes comfortable that these items can be produced locally if we apply ourselves
sufficiently.This policy change is in line with the believe that Nigeria cannot attain its true
potentials by simply importing everything into the country.We have to decide what we really
want for our country and I believe that the time is now for that deep and honest conversation,
he said.He said in spite of relative positive GDP growth over the past seven years, there was no
corresponding reduction in unemployment and poverty.
He said banks analyses of the situation had compelled it to put to a stop forex access to some of
these goods to encourage local production and consumption for economic development.He also
said that the Federal Government was spending about N1.3 trillion on the average annually to
import rice, fish, sugar and wheat.Why should we continue importing rice into Nigeria when
vast amount of paddy rice produced by local farmers across rice belts are being wasted and
ignored.What will it take for these importers to stop importation and go into processing this
locally produced rice.Why are they not utilising large expands of arable lands for cultivation
instead of importing rice into the country, he said.Emefiele said that Nigeria had been creating
jobs for other countries, while importing rice into the country.
He said it was unfortunate that sardines, tooth picks, among others, were imported into the
country.Emefele said the apex bank had no power to ban the importation of the items, but noted
that it would work hard to ensure support for local production.He said local production would
reduce poverty, unemployment and pressure on the reserve.I believe that the current situation
we found ourselves affords us a unique opportunity to embrace self sufficiency in Nigeria.We
should also reduce our appetite for everything and anything foreign, conserve reserve and create
jobs at home for our people.With full complement of the bank management, we would continue
to look for areas which the bank can play a catalytic financial role to achieve the goal in the near
future, he said.On lifting of ban on importation of textiles and furniture by the Nigeria
Customs, he said CBN would not provide foreign exchange for people that would want to import
such products. (NAN)
http://dailypost.ng/2015/06/25/importers-of-rice-cement-to-stop-accessing-forex-from-banks-cbn/

Danger: Plastic Rice from China hits African Market


Jun 24, 2015

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Plastic rice made by mixing potatoes, sweet potatoes and Chinese polymer (plastic) is similar to natural
rice and can hardly be differentiated by mere look, reports Oryza.com, a leading hub for global rice
news, research, and analysis.This type of plastic rice is said to be causing gastritis and other stomach
related diseases and experts say it is becoming an alarming situation these days.The same biotechnology
system is used in producing some brands of pasta and other noodle-like foods we crave for and the
earlier this is checked, the better for humanitys existence.

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This type of rice, investigations have proven are sold in China, India, Nepal and Singapore. But fears are
the plastic product is in Africa, the largest consumer of Chinese products.Consumers of the plastic rice
in Kerala, Southern India stated that the plastic rice is undetectable because they are mixed with the
normal farm rice from China. However, when cooked, it remains hard and forms a plastic sheath on the
surface. This sheath, when burned with fire, burns exactly like plastic.Experts say there is no scientific
rice testing method developed yet detect this artificial rice from the original farm one at the points of
entry into countries except the sheath burning method. Scientists are therefore being called upon all
over the world to help avert this cancerous agenda being embarked on by some industry players to cause
disease and death on mass scale.

GHANA
Coming to Ghana, Spy News Agency is calling on the Food and Drugs Authority (FDA) to begin
checking samples of rice on the market, especially those from China and also to educate importers on the
dangers of importing unwholesome food substances into the country.

THE WAY FORWARD


Local rice production should be boosted by injecting capital into the sector. In extension, this should be
done for the entire agricultural sector so as to make Ghanaians eat healthy and wholesome foods.

Source: Emmanuel Tsedey , Spy News Agency


http://www.spyghana.com/danger-plastic-rice-from-china-hits-african-market/

Transfer of 0.5 acre of land belonging to the Central Rice


Research Institute, Cuttack to set-up a police station
Capital Market
June 25, 2015 Last Updated at 10:35 IST
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The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, gave its approval for the
proposal of the Indian Council of Agricultural Research to transfer 0.5 acre of land belonging to
the Central Rice Research Institute (CRRI),Cuttack to the Police Department, Government of

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Odisha on lease basis for a period of 33 years for establishment of a police station at
Cuttack.Background:
A police outpost has been functioning inside the
campus of the CRRI, Cuttack since 1982. The
Government of Odisha has notified upgradation
of this police outpost to that of a police station.
The proposed land, after transfer, will be used
for construction, establishment and operation of
the police station. The new police station will be
accessible from the Cuttack-Paradeep road.
Establishment of this station at Cuttack, adjacent
to the CRRI, would strengthen the security of
the Institute and its employees; and would also
be beneficial to the people living in the area.
Powered by Capital Market - Live News

http://www.business-standard.com/article/news-cm/transfer-of-0-5-acre-of-land-belonging-to-the-centralrice-research-institute-cuttack-to-set-up-a-police-station-115062500309_1.html

Arsenic Shield for Rice


Microbe mobilizes 'iron shield' to block arsenic uptake in rice.
By Tracey Bryant | June 24, 2015

Clumps of bacteria (soil microbe EA106) and iron plaque begin forming on the roots of a rice
plant. This "iron shield" blunts the uptake of arsenic.
IMAGE BY VENKATACHALAM LAKSHMANAN AND DEEPAK SHANTHARAJ TAKEN
WITH THE SCANNING ELECTRON MICROSCOPE (SEM), UD BIOIMAGING CENTER

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University
of
Delawareresearchers
have
discovered a soil microbe
that mobilizes an iron
shield to block the uptake of
toxic arsenic in rice. Arsenic
occurs naturally in rocks and
soils, air and water, plants
and animals. Its used in a
variety of industrial products
and practices, from wood
preservatives, pesticides and
fertilizers,
to
copper
smelting.

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Chronic exposure to arsenic has been linked to cancer, heart disease and diabetes.The UD
finding gives hope that a natural, low-cost solution a probiotic for rice plants may be in
sight to protect this global food source from accumulating harmful levels of one of the deadliest
poisons on the planet. Rice currently is a staple in the diet of more than half the worlds
population. Harsh Bais, associate professor of plant and soil sciences, led the UD team that
conducted the study, which is reported in the international journal Planta. The work was
supported by the National Science Foundation. His co-authors include professors Angelia
Seyfferth and Janine Sherrier and postdoctoral researchers Venkatachalam Lakshmanan, Gang Li
and Deepak Shantharaj, all in the Department of Plant and Soil Sciences.
The soil microbe the team identified is named EA106 for UD alumna Emily Alff, who isolated
the strain when she was a graduate student in Bais lab. The microbe was found among the roots
of a North American variety of rice grown commercially in California. It belongs to a group of
gram-negative, rod-shaped bacteria called the Pantoea, which form yellowish mucus-like
colonies. Because rice is grown underwater often in water contaminated with arsenic in such
hot spots as Bangladesh, India and China it takes in 10 times more arsenic than do other
cereal grains, such as wheat and oats. As rice plants absorb phosphate, a nutrient needed for
growth, they also take up arsenic, which has a similar chemical structure.This particular
microbe, EA106, is good at mobilizing iron, which competes with the arsenic, effectively
blocking arsenics pathway, Bais explains.
An iron plaque forms on the surface of the roots that does not allow arsenic to go up into the
rice plant. The researchers conducted the study with hundreds of rice plants some grown in
soil, others grown hydroponically in UDs Fischer Greenhouse. Inoculations with EA106
improved the uptake of iron at the plant roots, while reducing the accumulation of toxic arsenic
in the plant shoots.While the results are promising, Bais says the next steps in the research will
determine if a natural solution to this serious issue is at hand. Were not all the way to the grain
level yet. We are working on that now, to see if EA106 prevents arsenic accumulation in the
grain.
That is the ultimate test, Bais says.If the next phase of the research shows success, Bais says
inexpensive technologies (think even a cement mixer) exist for coating rice seeds with beneficial
bacteria. He also sees an added plus fortifying rice plants with iron would not only reduce
arsenic, but also increase the grains iron content as a nutritional benefit. I grew up very near to
a rice field in India, so I have a different interest in this problem, Bais says. Basically, these
small farmers dont have much to feed their families. They grow rice on small plots of land with
soil and water contaminated with arsenic, a poison.

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The work we are doing is important for them, and to the global security of rice. In related
research, Bais wants to assess the performance of plants inoculated with EA106 when they face
multiple stresses, from both arsenic and from rice blast, a fungus that kills an estimated 30
percent of the worlds rice crop each year. Bais group previously isolated a natural bacterium
from rice paddy soil that blunts the rice blast fungus. His group is evaluating how a natural
alliance between benign microbes and rice can strengthen the plants disease resistance. Both
plant threats face rice farmers near his parents home in India. Bais plans to start field tests there

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when he visits with family this summer. The whole world is waking up to biologicals, Bais
says. Its an exciting time for researchers in this area.
Tags: food safety, microbes, Arsenic, Industry News, food science

http://www.labmanager.com/news/2015/06/arsenic-shield-for-rice?fw1pk=2#.VY0fI_lViko

Trade Promotion Authority Bill Lands on Obama's Desk


Thumbs up on TPA
WASHINGTON, DC -- Yesterday, the U.S. Senate voted
to approve a stand-alone version of Trade Promotion
Authority (TPA) that was approved by the House last
week. The heavily Republican-favored bill passed with the
help of 13 Democrats and is currently awaiting the
President's signature to formally become law. The passage
of the TPA legislation will allow the President to negotiate
trade agreements and present them to Congress for strictly
an up or down vote without the amendment process. The
Trans Pacific Partnership (TPP) is now ready to be
formally negotiated before it's presented to Congress later
this fall."Passage of TPA allows for potential new trade
deals that expand overseas access for U.S. rice, hopefully
growing our export market," said USA Rice President &
CEO Betsy Ward. "Challenges remain, however, and the
final push to complete the TPP negotiations is expected to
begin shortly."

Contact: Bob Cummings (703) 236-1473

Senate Hearing on Possible COOL Retaliation

14

WASHINGTON, DC -- This morning, the Senate Agriculture, Nutrition, and Forestry


Committee held a hearing entitled "Country of Origin Labeling [COOL] and Trade Retaliation," to
explore how the COOL rule effects U.S. producers, businesses, and consumers.In May, the World Trade
Organization (WTO) determined that the COOL rule, which requires labeling of country of origin on
muscle cuts of meat, violates international trade rules and has damaged Canada and Mexico's meat and
livestock industries. Earlier this month, Canada applied to the WTO to enforce retaliation against the
U.S. by imposing a tariff on U.S. goods, to the tune of over $2 billion. A list of goods Canada plans to

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15
retaliate against includes rice, and Mexico is said to be considering a similar list when they apply to
retaliate.

On June 10, the House passed a bipartisan bill to repeal the violating portions of COOL, and today's
hearing, initiated by Chairman Pat Roberts (R-KS), addressed the impact of these retaliation measures,
and encouraged the Senate to act.Roberts kicked off the hearing with a blunt assessment of the situation,
saying: "The fact is, retaliation is coming, and we have to face it... the Senate must act prior to the WTO's
ruling on retaliation."Changing mandatory labeling to a voluntary measure was supported by the U.S.
Cattlemen's Association and a few Committee members, though a majority of the witnesses were focused
on avoiding retaliation as opposed to commenting on the rule itself or proposing a new policy.
As a member of the COOL Reform Coalition, USA Rice shares this position, and encourages the Senate
to pass a bill to prevent the $3 billion retaliation that Mexico and Canada could enforce in tariffs against
U.S goods."The U.S. has run out of appeals at the WTO," said USA Rice President & CEO Betsy Ward.
"It's time to bring COOL into compliance with our WTO obligations and lift the threat of retaliation from
the heads of rice farmers and exporters."
Contact: Kristen Dayton (703) 236-1464

CME Group/Closing Rough Rice Futures


CME Group (Prelim): Closing Rough Rice Futures for June 25

Month

Price

Net Change

July 2015

$10.045

- $0.080

September 2015

$10.325

- $0.075

November 2015

$10.595

- $0.080

January 2016

$10.860

- $0.075

March 2016

$11.065

- $0.075

May 2016

$11.065

- $0.075

July 2016

$11.065

- $0.075

15

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16

Weekly Rice Sales, Exports Reported


WASHINGTON, DC -- Net rice sales of 131,300 MT for 2014/2015 were up noticeably from the
previous week and from the prior four-week average, according to today's Export Sales Highlights report.
Increases were reported for unknown destinations (64,300 MT), Haiti (20,300 MT), Mexico (17,500 MT),
Saudi Arabia (8,500 MT), and Jordan (6,000 MT). Net sales of 3,000 MT for 2015/2016 were reported for
unknown destinations. Exports of 68,100 MT were up 27 percent from the previous week, but down 2
percent from the prior four-week average. The primary destinations were Japan (12,000 MT), Mexico
(11,300 MT), Haiti (10,300 MT), Panama (10,200 MT), and Colombia (10,000 MT).This summary is
based on reports from exporters from the period June 12-18, 2015.

Ministry to auction 1.4m tonnes of rice in July


25 Jun 2015 at 14:36 866 viewed0 comments
WRITER: ONLINE REPORTERS

Workers check on the rice stocks kept at a warehouse in Pathum Thani. (Bangkok Post photo)

16

The Commerce Ministry plans to auction


another 1.4 million tonnes of rice on July
7, the Foreign Trade Department said on
Thursday.Director-general
Duangporn
Rodphaya said the fourth auction this
year will offer 1.395 million tonnes of
both fragrant and white rice in different
grades. It had been kept in warehouses
under
the
Public
Warehouse
Organisation
and
the
Market
Organisation for Farmers.The department
will explain auction criteria to potential
bidders on Friday and begin accepting
bidder applications July 6.Qualified
bidders will be announced and bidding
prices to be submitted on July 7.The
ministry has sold 2.94 million tonnes of
rice since last year's coup for 30.2 billion
baht.Since Gen Prayut Chan-o-cha took
over, the Commerce Ministry has held
seven auction to speed the disposal of 18 million tonnes of state rice stocks accumulated under
the previous government's rice-pledging programme.
Bangkok Post

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