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News Headlines...
Asian/Regional Rice News
Commodity News
Nagpur Foodgrain Prices Open- Aug 28
Arkansas Farm Bureau Daily Commodity Report
R&D News
Rice Recipe
o Ready-to-serve rice cups as easy as ABC to prepare for back-to-school meals
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News Detail...
Kisan Telecom : Board flays govt policy on rice
08/27/2015 | 07:04am US/Eastern
President Kisan Board Gujranwala Division Aman Ullah Chattha has strongly condemned failed
rice policy of the government and advised to ensure export of last two years rice stock without
further delay. Addressing cultivators of Kolo Tarar, Kassoki, Vanike Tarar and Jalalpur Bhattian
he said that due to anti-Kisan policies of the government the growers of Gujranwala Division
would stage sit-in demonstration inGujranwala on August 30. He said that the non-basmati
paddy, which has started pouring into the grain markets, is being purchased at rupees 500 per 40
kg as against rupees 1300 last year, which is deplorable.
He demanded immediate announcement of support price of different varieties and PASCO
should be directed to ensure procurement of paddy at minimum support price of non-basmati
at rupees 1200 and basmati paddy at rupees 2500 to provide relief to the growers.Meanwhile,
Ex-MNA and leader of PTI Ch. Mehdi Hassan Bhatti has said that growers are backbone of
country's economy but the present government has increased the prices of POL, fertilizers,
pesticides and electricity but have not arranged procurement of rice at reasonable price. He said
that September 5Kisan convention at Hafizabad Stadium would be chaired by PTI Chief Imran
Khan and it would pave the way to mitigate the sufferings of the growers.
DCO shocked over education system: DCO Hafizabad Muhammad Usman has expressed his
disappointment over standard of education in the Govt. Girls and Boys High School Nauthen and
Madhrianwala and warned the teachers to perform their duties honestly and with commitment to
brighten the career of the students.While making surprise visit to the schools along with EDO
(Education)Iftikhar Nawaz Virk and District Monitoring Officer Adnan Irshad Cheema, he
enquired from the students regarding the education being imparted in the schools. Thereupon, he
took strong exception and advised the teachers to work sincerely for getting better results in the
annual examinations. He also issued show cause notice to four teachers including the
Headmaster of Nauthen High School for their absence from duties without any intimation.
Boy killed in road mishap: A boy was killed on the spot while three others were seriously injured
when a recklessly driven truck after hitting a bike intruded into shop near Nokhar Mandi
of Gujranwala Road on Wednesday. According to rescue source, Muhammad Javaid alongwith
his 6-year-old son Sono Javaid and Qamar and another was going towards his house
on Gujranwala Road when a speeding truck coming from opposite direction hit their bike
killing Sono Javaid on-the-spot while three other seriously injured.
The injured were shifted to the DHQ Hospital Hafizabad. After hitting the bike, the truck
intruded into a shop which was badly damaged. The police have registered the case and started
investigation.WAPDA/APCA employees hold protest: The employees of WAPDA Hafizabad
division observed complete strike to protest against the proposed privatization of WAPDA. The
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Jakarta (dpa) - Worsening haze from forest and brush fires caused kindergartens and elementary
schools to be closed in a town on Indonesia's Sumatra island Friday, an official said. "The haze
in Jambi city has become a threat to health," said Muhammad Suaidi, the head of the provincial
disaster management agency.The local government were considering deploying aeroplanes to
drop water, he said."Fire-fighters on the ground have been outpaced by the spread of the fires,"
he said. Thick smog has blanketed much of Sumatra and the Indonesian parts of Borneo in the
past few days because of a prolonged drought worsened by the El Nino weather pattern, officials
said. The practice of open burning to clear land is illegal but is common in Indonesia.
The Indonesian government has warned that El Nino would result in an extended dry spell and
more forest fires.The Agriculture Ministry has predicted that El Nino could damage200,000
hectares of rice fields, or about 1-2 million tonnes of rice crops.President Joko Widodo warned
that legal action would be taken against those who deliberately start fires to clear land.The
drought has hit parts of Indonesia including Java, South Sulawesi, Bali and West Timor,
resulting in shortages of clean water.Experts said El Nino is expected to last until October.
http://www.nationmultimedia.com/breakingnews/Indonesian-city-closes-schools-as-haze-worsens30267635.html
Daily Global
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Aug 28, 2015- The monsoons revival in most of the Tarai districts last week, after a month-long
drought during the key paddy transplantation period, has generated optimism among farmers
about this years harvest. Things looked really bad a fortnight ago, but the scenario has changed
with most of the drought-affected districts getting drenched by heavy rains last week.The
Ministry of Agricultural Development has also revised its paddy transplantation estimate with
the arrival of heavy rains in the eastern and central Tarai. Earlier, we had estimated that paddy
transplantation would reach below 90 percent on the 1.60 million hectares of rice fields this year.
But the late arrival of the monsoon has changed the calculation, said Shankar Sapkota, assistant
spokesperson of the ministry.
We have expected that the transplantation rate will now touch 95 percent. Technically, the
paddy transplantation period in the Tarai ends in mid-August, but in some cases, paddy can be
planted till early September. The rains have come as a relief, said Sapkota, adding that the
output, however, would decline as the late transplantation would reduce the ripening time and
harvests. He added that plants would not get enough solar intensity if the ripening period were to
stretch into the winter. Agro experts said that a majority of farmers sow paddy seeds directly on
their fields rather than growing seedlings as they dont have enough time. Normally, drought
tolerant rice varieties like Sukha Dhan are applied if the normal transplantation period exceeds as
they can recover at a faster rate and have a lower ripening time. Two weeks ago, the government
had projected a loss of Rs25 billion in paddy output this year amid droughts in the eight Tarai
districts in the eastern and central regions. However, the projected losses will not reach that
level, Sapkota said.
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The eight districts-Saptari, Siraha, Dhanusha, Mahottari, Sarlahi, Rautahat, Bara and Parsa-have
been hit hard by late and insufficient rainfall this year, with the average paddy transplantation
rate reaching just 40 percent in the combined 326,501 hectares of land two weeks ago.As of
August 24, Saptari had observed paddy transplantation on 47 percent of its 70,000 hectares,
while in Siraha it had reached 40.6 percent on its 60,757 hectares of paddy fields. Dhanusha
district in the central Tarai region has the lowest rate of 30 percent. Paddy is cultivated on 40,635
hectares in Dhanusha.
In Mahottari and Sarlahi, transplantation has reached 48 percent of 36,144 hectares and 58
percent of 45,550 hectares respectively. Sapkota, who is also a senior agro economist, said that
the ministry had released funds to install 500 shallow tube wells in the eastern and central Tarai
regions to prevent further paddy crop damage if droughts occur during the weeding period.Most
of the farmers have installed shallow tube wells, while others are in the process of doing so. He
said that the ministry had requested additional funds from the Finance Ministry to distribute
more shallow tube wells in the affected areas. The ministrys statistics showed that as of
August 24, the national average paddy transplantation rate had reached 83.14 percent of the total
land available. Belt-wise, the transplantation has been completed on 90 percent of 68,364
hectares in the mountain region. Likewise, in the hilly region, the transplantation has been
completed on 91 percent of 423,173 hectares.
The transplantation in these two belts normally ends in the first week of August.The ministry
said that the transplantation in the Tarai belt, the countrys food basket, had been completed on
79.66 percent of the total 1.11 million hectares of paddy fields.The ministry has also decided to
expedite its system of rice intensification and direct seedling rice system in the affected
districts. We have also planned to distribute subsidized vegetable seeds to farmers who have not
been able to plant paddy, Sapkota said.
The country produced paddy worth Rs100 billion in the fiscal year 2014-15. The paddy output
dropped 5.1 percent to 4.78 million tonnes last year due to a late monsoon and untimely rainfall.
The ministry had estimated a loss of Rs5 billion last year.Agro experts said the economic outlook
for the next year is bleaker amid weak monsoon forecasts. Agriculture, the major contributor to
Nepals economy, is mainly rain-fed. In 2011-12, paddy production rose an impressive 13.7
percent, and as a result, the farm sectors growth rate swelled to 4.63 percent.However, in 201213, paddy output dropped 11.3 percent and the economic growth rate slumped to a six-year low
of 3.5 percent. Nepals economy inched up just 3 percent in the last fiscal year due to the April
25 earthquake and a drop in paddy production.
PLANTATION IN TARAI BELT (As of August 24)
EASTERN TARAI
District Plantation rate Total land
(in %)
(in hectare)
Jhapa
87.8
88,000
Morang
88.6
97,860
Sunsari
90.7
58,500
Saptari
47.0
70,000
Daily Global
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http://kathmandupost.ekantipur.com/news/2015-08-28/renewed-monsoon-cheers-farmers.html
Rice E-Newletter
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The most recent USDA numbers has Arkansas rice acreage pegged at
1.39 million acres.Were about a week away from the first FSA
acreage report, says Jarrod Hardke, Arkansas Extension rice
specialist, who is fresh off speaking at the Aug. 7 Arkansas Rice
Expo. Traditionally, that report hasnt provided all the enrolled
acreage regardless of crop. But it is a pretty good indicator of the
direction were going.If the first report, for instance, says the state has only a million acres of rice,
theres no need to be worried. FSA will keep updating that figure each month until the final report is
released in January.
Before the USDA 1.39 million acres estimate was
released, Hardkes rough prediction was 1.35 million
acres in the state. Based on that expectation, a final
reported acreage number between 1.3 and 1.4 million
acres wont be a surprise.As far as yield predictions,
USDAs newly released figure has Arkansas rice listed at
7,550 pounds per acre (or 167.8 bushels per acre). In
2012-2014, weve had three straight years of record
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The FAO also says that inventories have been dropping steadily in the world's five biggest
exporters, after strong shipments in 2014, and the stock-to-use ratio, the level of inventories
relative to domestic consumption and exports, will drop to 19 percent in 2015/16, the lowest
since 2007/08.This indicates a tightening of supply, but still suggests there is plenty of rice
available even as El Nino makes its presence felt.While rice prices should rise, the chances are
that the process won't be even and will be influenced by currency movements, with those
exporters experiencing stronger depreciation against the dollar likely to seek to maximise their
advantage. (Editing byMichael Perry)
http://www.reuters.com/article/2015/08/28/column-russell-rice-asia-idUSL4N1131OR20150828
NILPHAMARI, Aug 27: Boro farmers are sustaining huge losses in Nilphamari district due to
abnormal low price of Boro paddy in the markets. At present the price of one maund (40 kg) of
paddy is Tk 400 in the markets whereas its production cost was nearly Tk 500 per maund. While
contacted, Abdur Rahman, a farmer of Sonarai UP of Domar Upazila, said he cultivated Boro in
two acres of land where his production was 120 maunds and the markets price of it is Tk 48000
against his cultivation cost at Tk 55000.District controller of food, Nilphamari, allotted a very
small amount of paddy to each Union Parishad (UP) to be procured from the growers on
recommendation of respective UP chairmen.
Accordingly Boro procurement in each UP would be only around 25 MT which is very
negligible and frustrating for the farmers. Sources said all the 60 UP chairman of the district are
Daily Global
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There is not much worth buying in the agricultural commodity space at the moment.
Most of the sector is heading down, and doing so rapidly. That's why the few markets
that behave a little different can be so valuable. The rough rice market is one of those
interesting markets that break out of the mold.Start by looking at the long term picture. The
decline has been going on for over five years and ended in a very steep exhaustion rally. That
last bit there is quite significant. This may very well be a long term reversal situation, and they
don't come around very often.
Weekly rough rice futures continuation
Source: CSI Data. Create your own charts with Saxo Trader click here to learn more
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Authorities will sell bagged rice at 20% lower than market prices to help low-income earners.
The grain, coming from stocks under the rice-pledging programme, will be bagged and sold at
124 cooperatives in 58 provinces at discounted prices.
Of the total, 500 tonnes are 5% white rice, to be packaged into 250,000 2kg bags and sold at 30
baht each. The remaining 100 tonnes are sticky rice packaged into 50,000 bags priced at 50 baht
each.
The campaign, a cooperation between the Agriculture and Agricultural Cooperatives Ministry
and Commerce Ministry, is in response to the prime minister's policy of helping people cope
with the cost of living.
The Bangkok Post
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HANOI, Aug. 28 (Xinhua) -- Vietnam is expected to post 216.2 billion U.S. dollars in trade
revenue in the first eight months of 2015, said the General Statistics Office (GSO) on Friday.
Specifically, the country is estimated to earn 106.3 billion U. S. dollars from exports, up 9
percent year-on-year while spending 109.9 billion U.S. dollars on imports, up 16.4 percent yearon- year, said the monthly statistics report released by the office.During eight-month period,
Vietnam is forecast to see growth in export revenue of several items including cell phones and
accessories (nearly 20 billion U.S. dollars, up 31.1 percent year- on-year), garment, textile (15
billion U.S. dollars, up 10.9 percent year-on-year), computers, electronic products, accessories
(9.9 billion U.S. dollars, up 51.8 percent year-on-year), footwear (8.1 billion U.S. dollars, up
20.9 percent year-on-year), machines, equipment, tools and spare parts (5.2 billion U.S. dollars,
up 10. 1 percent year-on-year), wood and its products (4.4 billion U.S. dollars, up 9.6 percent
year-on-year), among others.
Other items whose export revenue is likely to decrease compared with the same period last year
include seafood (4.2 billion U.S. dollars, down 16.6 percent year-on-year), vehicles and spare
parts (3.6 billion U.S. dollars, down 7.1 percent), and rubber (921 million U.S. dollars, down
10.3 percent).Meanwhile, some items that experience sharp plunges in both export volume and
value compared with the same period of 2014 include coffee (down 32.4 percent in volume and
32.8 percent in value), rice (down 6.5 percent in volume and 11 percent in value), coal (down
74.4 percent in volume and 64.2 percent in value), steel (down 7.4 percent in volume and 14.2
percent in value) and crude oil (down 0.6 percent in volume and 48.7 percent in value), said the
statistics office.
During the January-August period, the United States remains the largest market for Vietnamese
exports, with revenue of 22.1 billion U.S. dollars, up 19.8 percent year-on-year, followed by the
European Union with 20.2 billion U.S. dollars, up 12.3 percent year-on-year.The Association of
Southeast Asian Nations (ASEAN) and China rank third and fourth among major importers of
Vietnamese exports with 12.3 billion U.S. dollars and 10.4 billion U.S. dollars,
respectively.Regarding imports, in the first eight months, the country is projected to see rise in
import revenue of several items including machines, equipment, tools and spare parts (18.9
billion U.S. dollars, up 33.4 percent year-on-year), computers, electronic products, accessories
(7.1 billion U.S. dollars, up 36.3 percent year-on-year), fabrics (6.8 billion U.S. dollars, up 11
percent year-on-year), and plastic (2.5 billion U.S. dollars, up 23.9 percent year-on-year) among
others.
Daily Global
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Commodity News
Rice E-Newletter
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Rice E-Newletter
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Product
Garlic
1
2
3
Price
2100
2000
1800
Ginger
Daily Global
Rice E-Newletter
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4600
2
3
5100
3000
4080
1500
2600
Market Watch
Commodity-wise, Market-wise Daily Price on 26-08-2015
Domestic Prices
Market Center
Variety
Bonai (Orissa)
Other
2200
2400
2
3
Other
Other
1960
1610
2000
1610
1
2
Bonai (Orissa)
Manvi (Karnataka)
Other
Other
1450
1609
1600
1609
Matar (Gujarat)
Other
1400
1470
1
2
Zira (Punjab)
Dhand (Haryana)
Other
Other
2200
4600
2600
4700
Solapur (Maharashtra)
Other
500
500
1
2
Akluj (Maharashtra)
Bonai (Orissa)
Other
Other
1500
1000
1500
3000
Manjeri (Kerala)
Other
3400
3600
For more info
Product
Rice
Wheat
Apple
Carrot
3
Source:agra-net
Egg
Rs per 100 No
Price on 27-08-2015
Product
1
Market Center
2
3
Source: e2necc.com
Ahmedabad
Price
316
Hyderabad
Nagapur
295
288
Market Center
Atlanta
Baltimore
Detroit
Atlanta
Dallas
Daily Global
Origin
Variety
Low
Price on 27-08-2015
High
Colorado
California
Yellow
Yellow
19
17
Package: 50 lb sacks
21
18
Canada
Yellow
16
Canada
California
Long Seedless
Long Seedless
Rice E-Newletter
19
9
12
16.50
Package: cartons film wrapped
10
14
3
Grapes
1
2
Miami
Honduras
Long Seedless
10
10
Atlanta
Dallas
California
California
Red Globe
Red Globe
25
27
3
Detroit
Source:USDA
California
Red Globe
25
29
Riceland Foods
Cash Bids Stuttgart: - - New Crop Stuttgart: - - -
Pendleton: - - Pendleton: - - -
Futures:
Sep '15
Nov '15
Jan '16
Mar '16
May '16
Jul '16
Aug '16
Sep '16
Nov '16
High
895.75
888.75
893.25
894.25
897.25
900.75
898.00
882.25
882.75
Low
884.00
876.25
881.00
882.00
885.25
889.00
891.50
880.50
871.75
Last Change
893.25 +7.00
885.50 +6.50
890.75 +7.00
892.25 +7.25
895.00 +7.00
898.50 +6.75
897.25 +7.00
885.50 +6.75
879.75 +6.75
Rice E-Newletter
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Wheat
High Low
-Cash Bids -498
473
New Crop
Futures:
Sep '15
Dec '15
Mar '16
May '16
Jul '16
Sep '16
Dec '16
Mar '17
May '17
High
487.50
493.50
501.00
506.00
509.75
517.50
529.75
534.25
Low
476.00
482.75
490.50
496.00
500.00
509.50
523.25
533.75
Last Change
477.00 -7.25
483.75 -6.00
491.75 -6.00
497.00 -6.00
501.25 -5.50
510.75 -5.00
524.25 -4.50
533.75 -5.00
537.00 -5.00
Grain Sorghum
Daily Global
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Corn
High Low
Cash Bids 363 334
New Crop 375 340
Futures:
Sep '15
Dec '15
Mar '16
May '16
Jul '16
Sep '16
Dec '16
Mar '17
May '17
High
368.75
380.00
391.25
397.75
402.25
397.00
403.50
409.50
Low
362.25
374.00
385.25
392.00
396.75
390.75
398.00
409.50
Last Change
363.25 -0.50
375.00 0.00
386.50 +0.25
393.00 +0.25
397.50 +0.50
391.75 -1.50
399.00 -0.25
409.50 0.00
415.75 0.00
Daily Global
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High
Oct '15 64.24
Dec '15 63.62
Mar '16 63.34
Low
63.74
62.76
62.51
Last Change
63.75 -0.08
63
-0.35
62.68 -0.45
Rice
High Low
Long Grain Cash Bids - - - - - Long Grain New Crop - - - - - -
Futures:
Sep '15
Nov '15
Jan '16
Mar '16
May '16
Jul '16
Sep '16
High
1163.5
1194.5
1218.5
1235.5
Low
1136.0
1165.0
1196.0
1235.5
Last Change
1159.0 +29.0
1188.5 +29.5
1218.0 +29.5
1244.0 +30.0
1268.5 +29.5
1272.5 +30.0
1173.5 +30.0
Rice Comment
Rice futures ended the week on a positive note, posting solid gains. The market has taken the rice
stocks report pretty much in stride, as the totals weren't entirely unexpected. Rough rice in all
positions on August 1, 2015 were up 61% from the 2014 total. Stocks held on farms totalled 1.48
million cwt and off farm stocks totalled 41.3 million cwt. Milled rice stocks were up nine percent
from a year ago at 4.06 million cwt. Monday's low of $11.43 1/2 is providing support for
November for the time being and the market has moved back into position to test resistance at
$12.
Daily Global
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High
146.525
144.600
146.525
146.300
144.975
136.925
135.125
137.350
138.400
Low
144.550
142.225
144.575
144.475
143.600
135.875
134.075
136.300
137.000
Last Change
146.025 +1.375
144.000 +1.450
146.025 +1.175
145.950 +1.275
144.750 +1.000
136.675 +0.925
134.925 +0.575
137.325 +0.575
138.400 +0.700
Sep '15
Oct '15
Nov '15
Jan '16
Mar '16
Apr '16
May '16
Aug '16
High
203.200
199.875
197.300
191.100
189.000
189.550
189.250
188.375
Low
200.075
196.900
194.900
188.825
187.525
187.975
188.000
188.100
Last Change
202.875 +2.525
199.325 +2.250
196.775 +1.925
190.875 +1.875
188.650 +1.100
189.325 +1.475
188.925 +1.725
188.700 +2.150
Feeders:
Arkansas Prices
Arkansas Weekly Livestock Summary
Cattle Comment
Cattle prices closed sharply higher again today as prices are able to erase losses on the week and
end up a few cents in the week. Strength over the last couple of days could help prices see furor
their gains next week; however, we will need to see further improvements in wholesale beef
prices and cash prices for these gains to hold and not slip back to recent lows.
Hogs
Futures:
Oct '15
Dec '15
Feb '16
Apr '16
May '16
Daily Global
High
67.050
62.550
66.725
70.525
74.850
Low
66.000
61.125
65.625
69.725
74.800
Last Change
66.650 -0.400
62.050 0.000
66.300 -0.125
70.200 -0.050
74.825 -0.325
Rice E-Newletter
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Jun '16
Jul '16
Aug '16
Oct '16
78.800
77.775
76.650
66.475
78.100
77.500
76.150
66.325
78.500
77.600
76.625
66.325
-0.025
-0.175
+0.075
-0.025
Hog Comment
Shell Eggs
Daily Midwest Regional Eggs
Daily New York Eggs
National Turkeys
Weekly Weighted Average Prices for Whole Young Turkeys
Delmarva Broilers
Daily Southern Broiler/Fryers
http://www.arfb.com/ag-markets-statistics/report/
Rice E-Newletter
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Daily Global
Month
Price
Net Change
September 2015
$11.590
+ $0.290
November 2015
$11.885
+ $0.295
January 2016
$12.180
+ $0.295
March 2016
$12.440
+ $0.300
May 2016
$12.685
+ $0.295
July 2016
$12.725
+ $0.300
September 2016
$11.735
+ $0.300
Rice E-Newletter
28
R&D News
With rice prices lower than they would like them to be, producers need all the help they can get
to return rice farming to profitability. Dr. Tim Walker, rice breeder at Mississippi State
University before he joined Horizon Ag, talked about some of those tools and his take on what
would help the rice industry in an interview at his companys field day in Rayne, La., earlier this
summer.
Watch Video on
http://deltafarmpress.com/rice/researchers-continuing-develop-new-tools-rice-producers-parti?utm_source=USA+Rice+Daily%2C+August+28%2C+2015&utm_campaign=Friday%2C+December+1
3%2C+2013&utm_medium=email
Daily Global
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Andrea Jones will discuss cotton variety trials during this year's Fisher Delta Research Center field day.
We have a fabulous team and a great group of researchers, said Trent Haggard, director of the
Center. During this field day, you will get to see the highlights of their research, which covers
the newest and hottest topics in agriculture.While the Delta Research Center does share some
similarities to other regions of Missouri, the land more closely resembles western Tennessee,
eastern Arkansas and western Mississippi. The theme for the 2015 Field Day Delta
Agriculture on the Move pertains to the entire Delta.
Our research always relates to the entire Delta region, Haggard said. The Delta and Missouri
boot heel have extremely prolific soils. Its a hyper-productive area.Corn, beans, rice, cotton,
wheat and milo can all be found in the Delta. FDRCs Field Day will take a look at most of
them.Gene Stevens, plant sciences professor, will present on impacting yield through variable
rate seed, fertilizer and irrigation regimes. Stevens will also have a second presentation on using
a smartphone app to manage your irrigation needs.Both presentations will be during the corn and
pollinator tour. Moneen Jones and Bob Walters will also present on new initiatives to benefit the
overall health of bee colonies, as well as the many crops that bees pollinate.Matt Rhine, research
associate, and David Dunn, soil and tissue lab associate, will both speak on the impact of rice.
The rice tour will highlight the University of Missouri rice variety trials, research on chalkiness
in rice and proper potash management, Haggard said.Grover Shannon, professor of plant
sciences, and Andrew Scaboo, senior research scientist, will showcase upcoming soybean
releases to enhance Delta producers productivity and profitability.At this years field day, we
are sharing our work on variable rate irrigation, stewardship of fertilizer in several crops and
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The Egyptian Ministry of Industry and Trade has decided to stop exporting all kinds of rice
starting from the first of September. Only the export of broken rice will be allowed in accordance
with Ministerial Resolution 601 of 2009, as amended.The ministry said that this decision does
not apply to export licenses issued in accordance with Ministerial Decree 756 of 2014. This
decision came before completing the validation of Ministerial Decree 776 of 2014, which
approved the export of milled rice until the end of August of this year, or until reaching the
permitted export quantity of one million tonnes, according to Borsa newspaper.
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The Minister of Industry and Trade Mounir Fakhri Abd El-Nour said that this decision aimed
primarily to meet the needs of the local Egyptian market and the General Authority for Supply
Commodities.He added that the data issued by the Ministry of Agriculture about the rice crop for
the new season 2015-2016 confirmed that the actual cultivated area of rice this year is around
1.27 million acres, the expected crop from which is estimated at about 4.4 million tonnes of
barley rice, of which about 2.7 million tonnes of white rice is produced. Domestic consumption
amounted to 3.6 million tonnes of white rice last year. The gap will be covered through stocks
from the 2014-2015 season, which amounted to 750,000 tonnes of rice.
https://www.middleeastmonitor.com/news/africa/20692-egyptian-government-to-stop-exporting-ricefrom-next-september
Published On: Fri, Aug 28th, 2015
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