9th September,2015

All About Rice News

Daily

Vol 5,Issue XIV

Global Rice E-Newsletter

For Blog & News Letter Advertisment contact to write : Mujahid Ali mujahid.riceplus@gmail.com
www.ricepluss.com & www.riceplusmagazine.blogspot.com
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News Headlines...

Pakistan Planning to Barter Rice for Energy with Iran

Pakistans agriculture-based products get good market in China
Export of basmati rice hit by competition with India: National Assembly body told
Monsoon rains revive in southern peninsula, central India: IMD
Philippines to import more rice as strong El Nio event looms
Oversupply, lower prices to affect realisations of basmati exporters
PH rushes to import rice, sees El Nino among strongest since 1950
Aurora farmers urged to postpone rice planting
Philippines issues tender to import 750,000 T rice
To Find New Rice Species, Scientists Head to Remote Tropical Swamps
Adverse weather, a challenge to rice science
How to ensure rice self-sufficiency in Nigeria, by processors
Farmers asked not to plant crops seek help
Lower sales volume, prices seen at latest rice auction
Nitrogen Use Efficient Rice Demonstrates an Average Yield Increase of 30 Percent
in Four Years of Field Trial
Adverse weather, a challenge to rice science
Nagpur Foodgrain Prices Open-Sep 09
Arkansas Farm Bureau Daily Commodity Report

News Detail...
Pakistan Planning to Barter Rice for Energy with Iran
9/8/2015

FARS News Agency

TEHRAN (FNA)- Members of the Rice Exporters Association of Pakistan (REAP) are pressing
the government to make arrangements for rice export to Iran in exchange for the money Pakistan
has to pay for electricity import.A senior official of REAP said they had proposed to the
government to allow the export of surplus rice to Iran by transferring the amount due against the
government to theexporters until a proper currency transfer arrangement and an effective,
efficient and reliable formal banking channel were restored, the Express Tribune reported on
Tuesday."Yes, we have requested the authorities to devise a mechanism for rice export to Iran
and pay the outstanding bills for Iranian electricity supply to the exporters," said a REAP
representative on condition of anonymity because the proposal was at an early stage.
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"If the Pakistan and Iranian governments agree, theexporters will soon export one million tons of
basmati rice," he said. Prior to the economic sanctions imposed on Iran by western countries,
Pakistan had been exportingabout 700,000 tons of basmati to Iran annually and it was the largest
market for Pakistani rice.At present, Pakistan has four million tons of surplus rice, of which 3.2
million tons are non-basmati and 700,000 tons are basmati. Pakistan owes more than $100mln to
Iran for electricity import.An official of the Ministry of National Food Security and Research
confirmed that the proposal had been received.
"Our ministry is in discussion at the highest level and a decision will be taken soon," he
said.Meanwhile, a statement issued by REAP Chairman Rafique Suleman and other members
has drawn the government's attention to the sharp drop in rice exports.Citing the export figures
for July received from statistics section of the Trade Development Authority of Pakistan,
Suleman said shipments fell 14 percent in terms of quantity and 27 percent in value.He pointed
out that rice exports faced a lot of challenges during the last fiscal year and if corrective
measures were not taken by the government, the current year would also be very tough.
The exporters have, however, welcomed the decision of the Iranian government to lift the ban on
rice imports from Pakistan in the backdrop of a gradual removal of international sanctions.
Rice exports will restart from October this year.However, Suleman believes that the decision will
prove ineffective until a proper currency transfer arrangement and an effective and reliable
formal banking channel is put in place.At present, almost 90 percent of rice is imported from
India even though imports from Pakistan are more economical.Owing to low demand in the
international market, rice prices were declining to a critical level that was inflicting heavy losses.
http://www.worldgrain.com/news/news%20home/LexisNexisArticle.aspx?articleid=2440279647

Pakistans agriculture-based products get good market in China

Pakistans agriculture-based products find good prospects in Chinese market, provided the
relevant departments and the businessmen could develop effective liaison with their counterparts
here. The role of Department of Quarantine needs to make more effective and big private
business Houses in Pakistan must come to China to make proper survey of the Chinese market,
said Muhammad Yasin, a Pakistani businessmen who has succeeded to make his way in Chinese
market by trading some food items.
Yasin , who is in China for the last about 25 years, first learnt Chinese language, acquainted
himself with the Chinas business rules and regulations and later started importing some other
food products from Pakistan. In an interview, he attributed his success story to his continuous
efforts and little support from Pakistani embassy in Beijing. Like him, there are few other
Pakistanis who came here as students but now have settled themselves as businessmen.He was
highly optimistic about marketing of Pakistans agriculture-based products in China, provided
the relevant departments of the two countries could persistently pursue to overcome certain
hurdles in developing business here. For the last ten years, we have been exporting around three
to five lac Irri-6 rice to China but this year it was stopped since rices import quota for Pakistan
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could not be fixed by the Chinese side, due to lack of seriousness and proper coordination at the
part of the relevant departments in Pakistan.
Yasin proposed, Pakistan should arrange an exclusive food exhibition in Pakistan for the Chinese
businessmen to show them their export-strength in agriculture sector. Pakistani farmers should
know the needs of the Chinese market, so that they could grow products accordingly.He also
underlined the need of reviewing and updating of the agreements that were signed by the two
countries long ago, in order to modify them according to the latest needs. Some of the
agreements are not practicable due to certain reasons, he contended.Citing their growing
exemplary bilateral ties at the diplomatic and military levels, Yasin said these do not match with
our trade which is in favour of China. In order to correct the balance of payment position, he
said Pakistan food and agriculture departments need to focus on export of agriculture goods and
their bi-products.
With serious some efforts, we can capture the local market, because China is ready to deepen its
economic ties with Pakistan.He was of the view that China should also relax its visa policy so
that people-to-people interaction could be increased and Pakistan could take the advantage
of Chinas rich economic strength.
http://www.pakistantoday.com.pk/2015/09/09/national/pakistans-agriculture-based-products-get-goodmarket-in-china/

Export of basmati rice hit by competition with India: National Assembly

body told
September 08, 2015

The Ministry of Commerce on Monday told the National Assembly Standing Committee on
Government Assurances that the export of non-basmati rice to Iran had increased as compared to
basmati rice. The committee, which met here with Muhammad Afzal Khokhar in the Chair, was
briefed by the ministry about rice export. The ministry told that there was a decline in export of
basmati rice due to competition with India. It said that efforts were being made to increase the
export of fine quality rice to Iran. However, the committee expressed concern over the decrease
and emphasised the need to arrest the recent declining trend in the export of basmati rice.
The committee was also told that the Ministry of States and Frontier Regions (Safron) in
consultation with the Interior Ministry and National Database and Registration Authority
(Nadra), had submitted an operational plan to register one million unregistered Afghans. It may
be mentioned here that during the 25th Tripartite Commission meeting, bilateral consultations
were held between Afghanistan and Pakistan on March 10, 2015, where both sides agreed to
document unregistered Afghans in Pakistan with technical support from Nadra and verification
by the Afghan authority.
Moreover, Nadra has submitted a Letter of Intent for a mutual agreement with Safron, which is
being considered by the Interior Ministry. The committee was also told that the registration of
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Afghan refugees, which was to start in August 2015, could not be initiated and awaiting approval
from the Interior Ministry. An official of the interior ministry said that the ministry was
optimistic that the process would be completed within two to three months. The committee
directed the interior ministry that matters pertaining to issuance of computerised national identity
cards (CNICs) to Afghan nationals and other aliens should be stopped.

http://af.reuters.com/article/commoditiesNews/idAFP9N0ZC00H20150909

Monsoon rains revive in southern peninsula, central India:

IMD
NEW DELHI, SEPT 9:
Monsoon rains have revived in the worst-hit central India and southern peninsula regions that would help
boost kharif crops and water level in reservoirs, a top official of MeT Department said today.Monsoon
deficit has been at 12 per cent so far this season (June 1 to September 2).However, the rain deficit in the
southern peninsula and central India was 22 per cent and 16 per cent, respectively, according to India
Meteorological Department (IMD) data.Southern peninsula comprises states like Andhra Pradesh,
Telangana, Tamil Nadu, Karnataka and Kerala, while Madhya Pradesh, Chhattisgarh, Maharashtra and
Gujarat are part of central India.Monsoon rains have already revived from today in southern peninsula
and central India. More rains are likely in this region as pressure is building in the Bay of Bengal and
moving into inland by September 15, IMD Director General L S Rathore told reporters.Revival of
monsoon rains augur well for kharif crops and would also help narrow rainfall deficit in September, he
said.The rain deficit in September is 50 per cent.
Rathore said that the overall monsoon deficit for June-September period is expected to be 12-14 per cent
below normal as projected earlier.Water level in reservoirs in southern peninsula is very low and revival
in rains will help, he added.For the country as a whole, cumulative rainfall during monsoon season till
September 2 has so far been 12 per cent below the Long Period Average (LPA).
Rainfall activity was less than normal in all the broad homogeneous regions of India except east and
northeast India, where it was near normal, IMD had said in a statement last week.MeT department had
forecast that the season (June to September) rainfall over the country as a whole is likely to be 88 per cent
(4 per cent) of LPA.Agriculture, which contributes about 15 per cent to the countrys GDP and employs
more than half of the population, is dependent on monsoon as only 40 per cent of the cultivable area is
under irrigation.Despite deficit rains, the total sowing area under kharif crops as on September 4 was at
998.67 lakh hectares compared with 979.40 lakh hectares in the year-ago period. Sowing of pulses has
increased 11 per cent while paddy acreage has risen marginally by over 1 per cent so far.
(This article was published on September 9, 2015)

http://www.thehindubusinessline.com/economy/agri-business/monsoon-rains-revive-in-southern-peninsula-and-central-indiaimd/article7632887.ece

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Philippines to import more rice as strong El Nio event

looms
THE GOVERNMENT is moving to beef up buffer stock by importing an additional 750,000 metric tons (MT) of
rice by early next year, the National Food Authority (NFA) said yesterday, as the country braces for an El Nio
event that could turn out to be worse than the last strong episode in 1997-1998.

A boy carries a sack of rice from a store in Manila in this photo taken yesterday. -- Reuters

The Interagency Food Security Committee (FSC) has allowed the NFA to proceed with
procurement of 250,000 MT by yearend and 500,000 MT by the first quarter of next year via
state-to-state deals, according to the statement.There is no better option than being prepared,
the grains procurement agency said, adding that the looming impact of El Nio prompted the
FSC, chaired by the National Economic and Development Authority, to grant the authority to
proceed with the importation.Drought due to El Nio is predicted to intensify beginning
October and will last until May 2016.The FSC last May gave the NFA standby authority for the
importation of 250,000 MT.
FSC recommendation is a result of the assessment made by an Interagency El Nio Task Force
on the impact of the El Nio in the local rice production, the statement read.Another 500,000
MT of rice has been approved also by the FSC for importation for the projected deficit in
production for the year 2016, but shipment of the additional volume will be made early next
year.The same statement quoted NFA Administrator Renan B. Dalisay as saying that invitations
to submit offers have been sent to neighboring countries. Existing bilateral rice agreements allow
the Philippines to import from Thailand, Vietnam and Cambodia.Angel G. Imperial, Jr., director
of NFA for public affairs, said in a text message yesterday that the government-to-government
negotiations will be done on Sept. 17.NFA is bidding out the supply of 250,000 MT of wellDaily Global

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milled rice with 25% brokens for this year; and 500,000 MT of the same rice variety next
year.Rice will be delivered on a staggered basis, with the first 125,000 MT due by the end of
November
and
another
125,000
MT
by
the
end
of
December.
Next years shipments, meanwhile, will involve 175,000 MT each by the end of January and February,
and the 150,000 MT balance by the end of March.Stocks to be procured this month will bring the total
volume of rice contracted for this year to 1.787 million MT. This includes the 500,000 MT imported in
February and 250,000 MT in June, both via the government-to-government procurement scheme.
It also covers private sector importation under the minimum access volume (MAV) commitment for this
year. The government last July contracted 187,000 MT under the MAV-omnibus origin scheme and
600,000 MT under the MAV-country specific quota.The total volume of rice imported is within the gap
estimate of the countrys palay production of 18.86 million MT..., the NFA said.NFAs Mr. Dalisay
added that the country has sufficient stocks until yearend, but explained that the government is rushing to
bring in the projected volume needed in an effort to beat a possible spike in international rice prices.
To maintain the stability of rice stock and price, the government will start negotiating... now when rice
prices in the international market are still low and stable, said Mr. Dalisay.The NFA head also said that
rice prices could jack-up once demand from other countries shoots up due to El Nio.The Philippine
Atmospheric, Geophysical & Astronomical Services Administration earlier warned that the currently
developing El Nio episode that could last till February or May next year could be the worst since the
1997-1998 event.The state weather bureau also noted that the country is currently progressing towards a
strong El Nio that is expected to start next month and last until May next year.
PAGASA forecasts as of Aug. 25 showed that moderate to severe drought could affect Metro Manila and
64 of the countrys 81 provinces by the end of February.Crop damage from heat had already begun to
take its toll on total farm output, which crawled just 0.73% last semester against the governments 3.34.3% full-year growth target for 2015.

http://www.bworldonline.com/content.php?section=TopStory&title=philippines-to-import-morerice-as-strong-el-ni&241o-event-looms&id=115033

Oversupply, lower prices to affect realisations of basmati

exporters
Traders are yet to exhaust the kharif 2014 stock, which has led to oversupply
Komal Amit Gera
| Chandigarh
September 9, 2015 Last Updated at 10:53 IST
Basmati exports from India may log volume growth this year, but the average realisation per
tonne is expected to be lower for the kharif 2015 crop. Even as harvesting of basmati paddy
(mainly grown in Punjab, Haryana and Western Uttar Pradesh) would start from last week of
September, traders are yet to exhaust the kharif 2014 stock, which has led to
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oversupply.Competition among Indian exporters to grab share in the international market has
also triggered price-reversal of the long-grain aromatic rice from India.Export prices have
dropped $220 per tonne this year, a fall of 18% over the last year.
The average realisation per tonne, which was close to $1,220, is now $950-1000 per tonne as
per average value of contracts being registered currently with APEDA (Agri and Processed Food
Products Exports Development Authority).While there has been no variation in demand by
importing countries, prices have plunged due to excess supplies.Lured by the high returns of an
average 1,295 a tonne in the international market for the basmati varieties, PUSA 1121 and
PUSA 1509, traders purchased every single grain from the farmers during kharif 2013. The area
under basmati also increased from 1.8 million hectare to 2.13 million hectare in the last two
years, anticipating an upward trend in prices. This resulted in additional supplies and now the
Indian basmati exporters are competing amongst themselves to clear the stocks.
Ashwani Arora, Director LT Overseas (Dawaat Brand Basmati), said, We are expecting a yearon-year growth of 15% but this may not translate into same proportion in value terms as the
prices have declined. Aroras company registered an export turnover of Rs 1,300 last year but
he is skeptical about retaining the same margins.Pakistan is also emerging as a competitor after
the lifting of US sanctions on Iran.Iran accounts for 38% of Indias basmati exports. Although
the availability of basmati and processing facility in Pakistan is limited but increase in Pakistans
participation in global market can dent profits of Indian exporters.
The exporters have a cushion as the purchase price of basmati has also dwindled from Rs 4,000
per quintal in kharif 2013 to about Rs 1,600-1,700 per quintal in the current season.A senior
official in APEDA said that Indian exporters can retain the high price in the international market
due to the unique qualities (aroma and length) of basmati but they need to invest in branding.
The big brands are able to insulate themselves from price corrections, but unorganised players
are likely to be more affected, he added.Basmati exports are among the top foreign exchange
earners for the country.
Business Standard

PH rushes to import rice, sees El Nino among strongest since

1950
ABS-CBN News
September 9, 2015 - 11:06 AM
Article Highlights:

For the Philippines, bigger rice stocks will ensure steady local supply and retail prices, helping
keep a lid on inflation."Drought due to El Nino is predicted to intensify beginning October and
will last until May 2016," it added.The El Nino, or a warming of sea-surface temperatures in the
Pacific, can lead to heavy rains and floods in South America but scorching weather across Asia
and east Africa.The current episode could be as severe as the 1997-1998 El Nino, which
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triggered a 24 percent drop in the Philippines' rice harvest, the local weather bureau said, while
cautioning that the event could be among the strongest since 1950.Bidders for the 750,000-tonne
supply have until Sept. 17 to submit offers, the state grains agency NFA said.
http://www.minibalita.com/reader/31105/2/PH-rushes-to-import-rice%252C-sees-El-Nino-among-strongest-since-1950

Aurora farmers urged to postpone rice planting

ABS-CBNnews.com
Posted at 09/09/2015 6:38 PM
MANILA - The National Irrigation Administration (NIA) advised farmers from Aurora to
postpone planting rice due to the expected drought caused by the El Nino phenomenon.NIA
appealed to farmers in Aurora, especially those who depend on the water coming from NIA Dam
in San Luis, to postpone rice planting as the dam has yet to recover from the dry spell
experienced in the past few months.According to Marianito Bulloso, NIA Senior Water
Resources Facilities Technician in Aurora, residents and farmers should not ignore the effects of
El Nino.
http://www.abs-cbnnews.com/nation/regions/09/09/15/aurora-farmers-urged-postpone-rice-planting

Philippines issues tender to import 750,000 T rice

Wed Sep 9, 2015 2:06am GMT

MANILA, Sept 9 (Reuters) - The Philippines' state grains procurement agency said on
Wednesday it would import an additional 750,000 tonnes of rice via an auction that will close on
Sept. 17, preparing to boost buffer stocks in anticipation of a strong and prolonged El Nino.The
National Food Authority (NFA) is seeking offers from the governments of Vietnam, Thailand
and Cambodia for delivery over a five-month period starting in November, spokesman Angel
Imperial said, confirming an earlier report by Reuters.The Philippines, once the world's biggest
rice buyer, has suffered crop losses in recent months due to dry weather induced by an El Nino
weather event, which is expected to peak between October and January.
(Reporting by Erik dela Cruz; Editing by Richard Pullin)

To Find New Rice Species, Scientists Head to Remote

Tropical Swamps
A remote peninsula in northern Australia beckons a rice research expedition
A juvenile crocodile in a Cape York peninsula river, the region where researchers recently
looked for wild rice species (Jeffrey L. Rotman/Corbis)
By Marissa Fessenden

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SMITHSONIAN.COM
SEPTEMBER 9, 2015 9:00AM
Crocodiles, snakes, dengue-carrying mosquitos, leeches and late-season cyclones are all the
dangers that researchers face when venturing into the remote peninsula of Cape York in northern
Australia. While these dangers face many a field expedition, these researchers were not actively
in search of perilous species but rather hoping to find something much more innocuous: new
varieties of rice, reports Lisa M. Hamilton for The California Sunday Magazine. Rice is a staple
food for more than half the worlds population and climate change may make it even more
important (corn doesnt do as well with elevated carbon-dioxide levels). Yet the crop isnt
impervious to the effects of a changing climate Hamilton points out that flooding threatens
one-eighth of the worlds rice fields. Increases in salinity from rising seas, water scarcity, disease
and weeds will affect fields in many other cases.
To keep rice a viable crop, researchers are looking into wild rice varieties for genetic diversity
that might help one crop survive the salty intrusion of water in fields near a coast. One such
researcher, Robert Henry of the University of Queenland led an expedition into the wilds of Cape
York to search for the wildest wild rice.Hamilton explains that such a trek is needed because
even wild rice relatives have been genetically contaminated by cultivated crops. In most of Asia,
wild Oryza has been partially tamed. Cape York, far from rice fields, offers a unique
opportunity. Read the whole article at The California Sunday Magazine for descriptions of
swamps and savannah during the dry season, oppressive heat, the list of gear needed to sustain
researchers, journalist and guides, and the unexpected fervor that hunting for wild rice plants can
cultivate
http://www.smithsonianmag.com/smart-news/find-new-rice-species-scientists-brave-remote-tropicalswamps-180956536/?no-ist

Adverse weather, a challenge to rice science

Wednesday, September 09, 2015

RICE research and development should be more vigorous in the provinces where farmers are at
the forefront of coping with changes in the way rice is grown, a prominent rice expert said.This
is especially true in changing and adverse climate conditions, said Dr. Calixto M. Protacio, the
new Executive Director of the Philippine Rice Research Institute (PhilRice).With the
International Rice Research Institute (IRRI), PhilRice is developing Golden Rice. Using the tools
of modern biotechnology, researchers have incorporated in the Golden Rice the genes from corn
and a common soil microorganism so that it produces beta carotene, a source of vitamin A. It
will benefit Filipinos who suffer from vitamin A deficiency.Protacio also believes that rice
farmers should diversify in order to earn more.
The 1.04 hectare average rice farm should raise more than just the crop and go for raising
chickens, ducks, fish and high-value crops.In an interview with Science Philippines, he said rice
science faces R&D hurdles.To start with, there are fewer rice farmers. The land available for rice
cultivation is also shrinking, going to urban expansion and subdivisions.One way of coping with
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the challenge is to increase the harvest even while fewer farmers are planting in the same or even
in smaller plots. The average rice yield is 4 tons per hectare, harvested in 2014 from 4.7 million
hectares.We want to increase yields to 10 tons per hectare, or at least 8 tons per hectare with
high yielding varieties and hybrid rice, Protacio said. We need to intensify cultivation and
increase output per unit area and we need to increase the yield per hectare.
The average hybrid rice yield in the Philippines is 6 tons to 8 tons per hectare. In 2014 hybrid
rice was planted in 235,000 hectares, with 15 percent developed by publicly-funded R&D in
PhilRice, IRRI, Philippine-Sino Center for Agricultural Technology and state universities and
colleges; the rest came from private seed companies.Even conventional high-yield varieties raise
yields. It is achievable as shown by PhilRices Palayabangan program which has led some
farmers to harvest 10 tons per hectare at a cost of P5 to produce a kilogram of rice, Protacio
said. (SciencePhilippines)
Published in the Sun.Star Baguio newspaper on September 10, 2015.
http://www.sunstar.com.ph/baguio/local-news/2015/09/09/adverse-weather-challenge-rice-science-429376

How to ensure rice self-sufficiency in Nigeria, by processors

By Ahmed Dio Agbo | Publish Date: Sep 10 2015 4:18AM | Updated Date: Sep 9 2015 11:46PM

Trucks loading rice from combine harvesters at Olams rice farm in Doma, Nasarawa state

A foremost stakeholder in the Nigerian rice value chain has listed eight ways to boost domestic
rice production so as to ensure self-sufficiency. Dropping the hint recently in Abuja, the
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Chairman, National Rice Millers Association of Nigeria (NRMAN) and Chief Executive Officer
of Umza Rice, Alhaji Mohammed Abubakar, maintained that the advice must be seriously
considered if the country was truly desirous of halting rice importation in the near future.The
eight ways to ensure rice self-sufficiency, according to Alhaji Abubakar, include the provision of
improved seeds and seedlings to ensure higher yield, provision of adequate tractors/equipment,
and improvement in mechanisation, access to land, as well as land clearing services by the
government. Others are access to fund at low interest rate, access to quality inputs such as
fertilizer and agrochemicals, access to market and market expansion.
The chairman lamented the high cost of rice production, which he attributed to the high cost of fund and
power, among others.We can operate because of the Central Bank of Nigeria (CBN) credit facility
window at 9 per cent interest rate. At a commercial interest rate of between 20 to 24 per cent, no rice
miller can survive, the rice miller noted, adding, And we have to buy diesel to power the mills with
generators. This is apart from the high cost of transportation and other infrastructural challenges. It is very
difficult to compete with foreign millers under this environment.
The chairman said 21 rice mills were established in four years, and if that trend continues under a good
investment climate, in the next few years, many mills will spring up and the country will be exporting
rice.He hailed the CBN for placing rice paddy on the restriction list for accessing foreign exchange for the
importation of the commodity, saying the policy would go a long way in boosting rice production and
processing in the country.http://www.dailytrust.com.ng/news/agriculture/how-to-ensure-rice-self-

sufficiency-in-nigeria-by-processors/110187.html

Farmers asked not to plant crops seek help

9 Sep 2015 at 14:19 2,315 viewed
WRITER: SUNTHON PONGPAO AND CHUDATE SEEHAWONG

Rice farmers in Ayutthaya are appealing for state assistance after irrigation authorities again
asked growers in the Chao Phraya River basin not to plant new crops because of the low water
levels in four main dams.The plea was made by Rattana Khongsomkaew, chair of a group of
irrigators using the Nakhon Luang water supply and maintenance project.She said on
Wednesday the Royal Irrigation Department (RID) had recently warned of crop losses in rice
planting areas in Chai Nat, Singburi, Ang Thong, Suphan Buri, Uthai Thani and Ayutthaya
provinces this year because of the shortage of water in the Bhumibol, Sirikit, Pasak Chonlasit
and Kwai Noi dams.
Farmers were aware of the water situation, but needed government assistance if they were
expected to again delay planting a crop, she said.Early this year, the RID had asked farmers to
stop planting a second rice crop. In mid-year another warning had been issued, requesting
farmers not to plant an off-season crop, she said.Farmers did not know how they could pay off
their debts if they did not grow a rice crop. Alternative careers promoted by the government
could not help all farmers, she said.She urged the government to more efficiently manage the
water in the four main dams. Water downstream from the dams should be efficiently allocated
for agriculture, household and factory use, to prevent a war over water, Mrs Rattana said.
According to the RIDs water coordination and monitoring centre, the Bhumibol dam reservoir
held 4,374 million cubic metres of water, or 32% of its capacity, as of Wednesday. The Sirikit
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dam had 4,029 million cu/m, or 42% of its holding capacity.The Pasak Chonlasit dam had 112
million cu/m, or 12%, and the Kwai Noi dam 241 million cu/m, or 26%. Narongkorn Somton,
director of the Regional Irrigation Office 12, said in a letter issued to governors of Chat Nat,
Sing Buri, Ang Thong, Suphan Buri, Uthai Thani and Ayutthaya provinces on Sept 7 that the
amount of usable water at the four major dams was just 1,955 million cu/m. The dams
discharged 16 million cu/m per day.
He cited the Meteorological Department as forecasting lower than average rainfall this month,
and said there would be only a small amount of water flowing into several reservoirs. Once the
rainy season ended, the four major dams could not allocate water to irrigate farmland.In the
letter, Mr Narongsak sought cooperation from farmers in those provinces, asking that
they refrain from growing rice continuously. Natural water sources should be reserved for home
consumption. He also urged people to use water economically, to ensure the maximum benefit.
In Chai Nat, a riverfront house in Muang district developed cracks and the rear of the structure
collapsed when a kilometre-long section of the Chao Phaya riverbank subsided. The river is
receding by about 10cm a day, eating away at the banks as it falls.
Chalor In-muang, 60, owner of the house, said she and her family had been forced to evacuate to
a safer area.The elderly woman said the river level was the lowest she had ever seen it, and she
had lived in the area for 15 years. During that time she had been forced to repair her house three
times, at a cost of more than 400,000 baht.This time, she would not have it fixed, as her
family feared for their lives if they remained living there and the river bank continued to
collapse.Ekkasit Sakdeethanaporn, director of the Chao Phraya Dam project, said the water level
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upstream of the dam at tambon Bang Luang of Sapphaya district of Chai Nat had dropped by
10cm to 13.59 metres above mean sea level on Wednesday.
It was 41cm below the critical 14 metre point. The water level in downstream areas had fallen to
5.90 metres.The dam had reduced its discharge rate at 70 cubic metres of water per second, he
said.On Tuesday, Prime Minister Prayut Chan-o-cha asked people to closely follow the water
situation, pointing out the amount of water held in several major reservoirs was unusually low
this year. He also instructed state agencies to help create a better public understanding of the
water situation.
A riverfront house in Chai Nat collapses as the water in the Chao Phraya River keeps receding,
causing soil erosion along the river banks. (Photo by Chudate Seehawong)
Bangkok Post

Lower sales volume, prices seen at latest rice auction

9 Sep 2015 at 07:51
NEWSPAPER SECTION: BUSINESS | WRITER: PHUSADEE ARUNMAS

A farmer checks the harvested paddy at a field in Nong Chok area of Bangkok in January 2015.
(Bangkok Post file photo)

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The Commerce Ministry has
sold 246,793 tonnes of rice for
2.33 billion baht in its latest
auction
yesterday,
which
attracted
33
bidders.That
volume accounts for 33.7% of
the 732,806 tonnes of rice put
up for the sixth tender the
ministry
called
this
year.Duangporn
Rodphaya,
director-general of the Foreign
Trade Department, said the
department agreed to sell
various kinds of rice from the
43 warehouses to 14 buyers
who passed the floor-value price
criteria.The grains are mainly 155,211 tonnes of 5% white rice at an average price of 9,885 baht
a tonne and 79,567 tonnes of broken white rice at 8,642 baht a tonne.The ministry will seek final
approval from the National Rice Policy Committee, chaired by Prime Minister Prayut Chan-ocha, to sell the rice together with a decision to sell the remaining 13.5 million tonnes of state
stocks.
Since Gen Prayut took office, the Commerce Ministry has held 10 auctions, with 4.55 million
tonnes sold for 49.6 billion baht.The auctions including the six this year are part of attempts to
speed up disposal of 18 million tonnes of state stocks accumulated from rice-pledging schemes
run from 2011-14.Ms Duangporn admitted the ministry could not sell as large a volume of rice in
this latest auction as in previous ones. Selling prices are also lower than in the earlier
auctions.She attributed the decline to weak global rice prices due to harvesting season, which
starts next month.Of the 13.5 million tonnes of rice now left, 5.9 million tonnes have been
classified as low quality or rotten.
"Market prices are low, and the quality of our stocks is decreasing, so we need advice from
today's National Rice Policy Committee meeting on better methods of unloading the grains," Ms
Duangporn said.She foresees the harvest season making it difficult for the ministry to sell rice at
a satisfactory price.The committee will also be asked to approve rice sales to the Philippines,
which is set to buy 750,000 tonnes of 25% white rice from foreign sellers.Regarding the present
weak prices, Chookiat Ophaswongse, an honorary president of the Thai Rice Exporters
Association, said it would be more difficult for the ministry to sell rice by the warehouse or other
large amounts from now on."Global prices don't look set to increase, and the huge stock in
Thailand is one factor behind this," he said.He suggests the authorities unload good-quality rice
in small volumes of no more than 200,000 tonnes before the harvest season."Sales must pause
when the fresh grains are harvested in October and November," Mr Chookiat added.
Bangkok Post

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Nitrogen Use Efficient Rice Demonstrates an Average Yield

Increase of 30 Percent in Four Years of Field Trial
-- Major Yield Increase Has the Potential to Change the Economics of Rice Production and
Enhance Food Security -September 09, 2015 09:25 AM Eastern Daylight Time

DAVIS, Calif. & PALMIRA, Colombia & NAIROBI, Kenya--(BUSINESS WIRE)--Four years of field trials
with a leading line of Nitrogen Use Efficient (NUE) rice have demonstrated an average 30 percent yield
increase over conventional controls. These results were reported jointly today by Arcadia Biosciences, Inc., an
agricultural technology company, the International Center for Tropical Agriculture (CIAT) and the African
Agricultural Technology Foundation (AATF). CIAT has been testing the novel rice lines using Arcadias NUE
trait at the centers research fields in Colombia.

Yield increases of this magnitude have the potential to significantly change the
economics of rice production, benefitting farmers, rural economies and food security
simultaneously
In this most recent field trial under irrigated upland conditions and 50 percent of normal nitrogen
fertilizer application, the leading NUE rice line out-yielded the conventional control lines by 34
percent. In the three previous years of trials under both irrigated lowland and upland rainfed
conditions, the leading line out-yielded control lines by 22, 30 and 33 percent, respectively.Over
the four years of field trials, the average yield increase for the leading NUE rice line was 30
percent over the conventional controls. In the fourth-year trial, two additional NUE rice lines
increased grain yield by 24 to 28 percent at 17 percent of normally applied nitrogen fertilizer in
Colombia, and by 10 to 22 percent at 50 percent of normal nitrogen application.
Yield increases greater than 15 percent from a single trait are very rare in agriculture, said Eric
Rey, president and CEO of Arcadia. For our NUE trait in rice, we now have a solid history over
four years of independent field testing at CIAT showing consistent yield increases well above 20
percent. These results in NERICA rice, combined with our results in other types of rice,
demonstrate the major yield increase opportunity from our NUE trait in all major types of
rice.Yield increases of this magnitude have the potential to significantly change the economics
of rice production, benefitting farmers, rural economies and food security simultaneously, Rey
added.
Together with our seed company partners, Arcadia is working diligently to bring commercial
seed with our NUE trait to farmers in rice and several other major crops.Arcadia currently has
five NUE products, including NUE rice, in Phase 3 of product development. The company
recently completed the US Food and Drug Administration (FDA) Early Food Safety Evaluation
for the NUE trait, which establishes the foundation of trait safety data for future regulatory
approvals of the trait in all crops globally.Rice is the worlds most valuable crop, grown on 165
million hectares globally with a harvest value of $429.3 billion in 2013. The crop plays a critical
role in food security for more than half of the worlds population.
In a recent report, the International Food Policy Research Institute predicted that sustainable
maintenance of food security in the face of climate change and population growth will require a
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combination of technologies that target broad-based yield improvement, improved nitrogen use
efficiency, and abiotic stresses such as heat and drought.Arcadias NUE trait was developed to
help farmers increase crop yields per unit of applied nitrogen fertilizer. Nitrogen fertilizer is a
key input to the global agricultural industry for increasing crop yield, but conventional crops
typically utilize less than half of nitrogen fertilizer applied.
Much of the remainder moves through the soil and enters ground and surface water systems, or
volatilizes into the air as a greenhouse gas 300 times more potent than carbon dioxide. Arcadias
NUE trait enables plants to produce higher yields while reducing the environmental footprint of
agriculture.The NUE rice field trials in Colombia are part of a five-year collaboration between
Arcadia, CIAT and AATF under the Nitrogen-use Efficient, Water-use Efficient and Salt
Tolerant (NEWEST) rice project. The collaboration is funded by the United States Agency for
International Development (USAID) under Feed the Future, the U.S. Governments global
hunger and food security initiative.
About Arcadia Biosciences, Inc.
Based in Davis, Calif., with additional facilities in Seattle, Wash. and Phoenix, Ariz., Arcadia
Biosciences (NASDAQ: RKDA) develops agricultural products that create added value for
farmers while benefitting the environment and enhancing human health. Arcadias agronomic
performance traits, including Nitrogen Use Efficiency, Water Use Efficiency, Salinity Tolerance,
Heat Tolerance and Herbicide Tolerance, are all aimed at making agricultural production more
economically efficient and environmentally sound. Arcadias nutrition traits and products are
aimed at creating healthier ingredients and whole foods with lower production costs. The
company was recently listed in the Global Cleantech 100 and was previously named one of MIT
Technology Review's 50 Smartest Companies. For more information, visit www.arcadiabio.com.
About the International Center for Tropical Agriculture (CIAT)
CIAT is an international agricultural research organization focused on eco-efficient agriculture
that is, farming systems that better harness the available resources to be more competitive and to
sustainably increase productivity, while leaving a smaller environmental footprint. CIAT
significantly contributes to major global initiatives that seek to reduce rural poverty, strengthen
food security, improve human health and nutrition, and sustainably manage natural resources
throughout the developing world. For more information, visit www.ciatnews.cgiar.org.
About The African Agricultural Technology Foundation (AATF)
The African Agricultural Technology Foundation (AATF) is a not-for-profit organization that
facilitates and promotes public/private partnerships for the access and delivery of appropriate
agricultural technologies with potential to increase the productivity of resource-poor smallholder
farmers in Sub-Saharan Africa. For more information, visit www.aatf-africa.org.
About USAID
USAID is the lead U.S. Government agency that works to end extreme global poverty and enable
resilient, democratic societies to realize their potential.
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About Feed the Future

Feed the Future is the U.S. Governments global hunger and food security initiative. With a
focus on smallholder farmers, particularly women, Feed the Future supports partner countries in
developing their agriculture sectors to spur economic growth and trade that increase incomes and
reduce hunger, poverty and under nutrition. For more information, visitwww.feedthefuture.gov.
Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995, including statements relating to Arcadias NUE trait
and the regulatory process for such trait. Forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially, and reported results should not
be considered as an indication of future performance.
These risks and uncertainties include, but are not limited to: Arcadias and its partners ability to
develop commercial products incorporating its traits, including the NUE trait, and complete the
regulatory review process for such products; Arcadias compliance with laws and regulations
that impact the companys business, and changes to such laws and regulations; Arcadias future
capital requirements and ability to satisfy its capital needs; and the other risks set forth in
Arcadias filings with the Securities and Exchange Commission from time to time, including the
risks set forth in Arcadias Quarterly Report on Form 10-Q for the quarter ended June 30, 2015
and other filings. These forward-looking statements speak only as of the date hereof, and Arcadia
Biosciences, Inc. disclaims any obligation to update these forward-looking statements.

Contacts
Arcadia Biosciences, Inc.
Jeff Bergau
jeff.bergau@arcadiabio.com
+1-312-217-0419
http://www.businesswire.com/news/home/20150909005548/en/Nitrogen-Efficient-Rice-DemonstratesAverage-Yield-Increase#.VfizOxFViko

Adverse weather, a challenge to rice science

Wednesday, September 09, 2015

RICE research and development should be more vigorous in the provinces where farmers are at
the forefront of coping with changes in the way rice is grown, a prominent rice expert said.This
is especially true in changing and adverse climate conditions, said Dr. Calixto M. Protacio, the
new Executive Director of the Philippine Rice Research Institute (PhilRice).With the
International Rice Research Institute (IRRI), PhilRice is developing Golden Rice. Using the tools
of modern biotechnology, researchers have incorporated in the Golden Rice the genes from corn
and a common soil microorganism so that it produces beta carotene, a source of vitamin A. It
will benefit Filipinos who suffer from vitamin A deficiency.
Protacio also believes that rice farmers should diversify in order to earn more. The 1.04 hectare
average rice farm should raise more than just the crop and go for raising chickens, ducks, fish
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and high-value crops.In an interview with Science Philippines, he said rice science faces R&D
hurdles.To start with, there are fewer rice farmers. The land available for rice cultivation is also
shrinking, going to urban expansion and subdivisions.One way of coping with the challenge is to
increase the harvest even while fewer farmers are planting in the same or even in smaller plots.
The average rice yield is 4 tons per hectare, harvested in 2014 from 4.7 million hectares.
We want to increase yields to 10 tons per hectare, or at least 8 tons per hectare with high
yielding varieties and hybrid rice, Protacio said. We need to intensify cultivation and increase
output per unit area and we need to increase the yield per hectare.The average hybrid rice yield
in the Philippines is 6 tons to 8 tons per hectare. In 2014 hybrid rice was planted in 235,000
hectares, with 15 percent developed by publicly-funded R&D in PhilRice, IRRI, Philippine-Sino
Center for Agricultural Technology and state universities and colleges; the rest came from
private seed companies.Even conventional high-yield varieties raise yields. It is achievable as
shown by PhilRices Palayabangan program which has led some farmers to harvest 10 tons per
hectare at a cost of P5 to produce a kilogram of rice, Protacio said. (SciencePhilippines)
http://www.sunstar.com.ph/baguio/local-news/2015/09/09/adverse-weather-challenge-rice-science429376

Nagpur Foodgrain Prices Open-Sep 09

Nagpur Foodgrain Prices - APMC & Open Market-September 9
Nagpur, Sept 9 Gram prices reported down in Nagpur Agriculture Produce and Marketing
Committee (APMC) here on poor buying support from local millers amid high moisture content
arrival. Release of stock from stockists and weak trend in Madhya Pradesh gram prices also
affected sentiment, according to sources.
*

FOODGRAINS & PULSES

GRAM
* Desi gram raw recovered in open market on renewed demand from local traders. Fresh
enquiries from South-based traders also pushed up prices.
TUAR
* Tuar varieties zoomed up in open market here on festival buying support from local
traders amid tight supply from producing regions. Weak overseas arrival also jacked
up prices here.
* Udid varieties reported strong in open market on good buying support from local
traders amid thin arrival from producing regions.
* In Akola, Tuar - 9,700-10,100, Tuar dal - 13,800-14,100, Udid at 9,100-9,300,
Udid Mogar (clean) - 10,900-11,400, Moong - 7,600-7,800, Moong Mogar
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(clean) 9,200-9,800, Gram - 4,600-4,900, Gram Super best bold - 6,100-6,300
for 100 kg.
* Rice, wheat and other commodities remained steady in open market in thin trading
activity, according to sources.
Nagpur foodgrains APMC auction/open-market prices in rupees for 100 kg
FOODGRAINS
Available prices Previous close
Gram Auction
4,300-5,200
4,400-5,290
Gram Pink Auction
n.a.
2,100-2,600
Tuar Auction
n.a.
8,000-9,200
Moong Auction
n.a.
6,000-6,400
Udid Auction
n.a.
4,300-4,500
Masoor Auction
n.a.
2,600-2,800
Gram Super Best Bold
6,500-6,800
6,500-6,800
Gram Super Best
n.a.
Gram Medium Best
5,900-6,100
5,900-6,100
Gram Dal Medium
n.a.
n.a.
Gram Mill Quality
5,800-5,900
5,800-5,900
Desi gram Raw
5,150-5,200
5,100-5,150
Gram Filter new
6,200-6,400
6,200-6,400
Gram Kabuli
6,400-7,500
6,400-7,500
Gram Pink
6,800-7,000
6,800-7,000
Tuar Fataka Best
14,500-14,800
14,000-14,500
Tuar Fataka Medium
13,300-13,900
13,000-13,600
Tuar Dal Best Phod
12,900-13,100
12,600-12,800
Tuar Dal Medium phod
12,300-12,800
12,000-12,500
Tuar Gavarani New
10,200-10,400
10,000-10,200
Tuar Karnataka
10,400-10,800
10,200-10,600
Tuar Black
12,100-12,300
12,100-12,300
Masoor dal best
8,200-8,700
8,200-8,700
Masoor dal medium
7,900-8,300
7,900-8,300
Masoor
n.a.
n.a.
Moong Mogar bold
9,600-9,900
9,600-9,900
Moong Mogar Medium best
8,200-8,800
8,200-8,800
Moong dal Chilka
8,700-8,900
8,700-8,900
Moong Mill quality
n.a.
n.a.
Moong Chamki best
8,400-9,200
8,400-9,200
Udid Mogar Super best (100 INR/KG) 11,300-11,900
11,200-11,800
Udid Mogar Medium (100 INR/KG) 10,500-10,900
10,400-10,800
Udid Dal Black (100 INR/KG)
9,200-9,700
9,100-9,600
Batri dal (100 INR/KG)
5,200-5,600
5,200-5,600
Lakhodi dal (100 INR/kg)
4,000-4,200
4,000-4,200
Watana Dal (100 INR/KG)
3,200-3,450
3,200-3,450
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Watana White (100 INR/KG)
3,000-3,200
3,000-3,200
Watana Green Best (100 INR/KG) 3,300-3,600
3,300-3,600
Wheat 308 (100 INR/KG)
1,400-1,500
1,400-1,500
Wheat Mill quality(100 INR/KG) 1,650-1,750
1,650-1,750
Wheat Filter (100 INR/KG)
1,350-1,550
1,350-1,550
Wheat Lokwan best (100 INR/KG) 2,250-2,400
2,250-2,400
Wheat Lokwan medium (100 INR/KG) 1,950-2,100
1,950-2,100
Lokwan Hath Binar (100 INR/KG) n.a.
n.a.
MP Sharbati Best (100 INR/KG) 3,400-3,700
3,400-3,700
MP Sharbati Medium (100 INR/KG) 2,750-2,900
2,750-2,900
Rice BPT best(100 INR/KG)
3,100-3,300
3,100-3,300
Rice BPT medium(100 INR/KG)
2,800-3,000
2,800-3,000
Rice Parmal (100 INR/KG)
1,700-1,900
1,700-1,900
Rice Swarna best (100 INR/KG)
2,000-2,300
2,000-2,300
Rice Swarna medium (100 INR/KG)
1,900-2,000
1,900-2,000
Rice HMT best(100 INR/KG)
3,500-3,900
3,500-3,900
Rice HMT medium(100 INR/KG)
3,200-3,300
3,200-3,300
Rice HMT Shriram best(100 INR/KG) 4,800-5,100
4,800-5,100
Rice HMT Shriram med.(100 INR/KG) 4,000-4,500
4,000-4,500
Rice Basmati best (100 INR/KG) 8,000-10,000
8,000-10,000
Rice Basmati Medium (100 INR/KG) 7,000-7,500
7,000-7,500
Rice Chinnor best (100 INR/KG) 5,200-5,400
4,900-5,100
Rice Chinnor medium (100 INR/KG) 4,700-5,000
4,400-4,800
Jowar Gavarani (100 INR/KG)
2,100-2,350
2,100-2,350
Jowar CH-5 (100 INR/KG)
2,400-2,500
2,400-2,500
WEATHER (NAGPUR)
Maximum temp. 33.0 degree Celsius (91.4 degree Fahrenheit), minimum temp.
22.6 degree Celsius (72.7 degree Fahrenheit)
Humidity: Highest - 98 per cent, lowest - 71 per cent.
Rainfall : 19.4 mm
FORECAST: Partly cloudy sky. Rains or thunder-showers likely. Maximum and minimum
temperature would be around and 34 and 23 degree Celsius respectively.
Note: n.a.--not available
(For oils, transport costs are excluded from plant delivery prices, but included in market prices.)
http://in.reuters.com/article/2015/09/09/nagpur-foodgrain-idINL4N11F2ZD20150909

Arkansas Farm Bureau Daily Commodity Report

A comprehensive daily commodity market report for Arkansas agricultural commodities with cash markets,
futures and insightful analysis and commentary from Arkansas Farm Bureau commodity analysts.
Noteworthy benchmark price levels of interest to farmers and ranchers, as well as long-term commodity
market trends which are developing. Daily fundamental market influences and technical factors are noted and
discussed.

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Soybeans
High Low
Cash Bids 910

856

New Crop 899

818

Riceland Foods
Cash Bids Stuttgart: - - -

Pendleton: - - -

New Crop Stuttgart: - - -

Pendleton: - - -

Futures:

High

Low

Last

Change

Sep '15 894.00

882.50

882.75

-8.00

Nov '15 885.75

870.75

872.25

-7.00

Jan '16 888.75

874.75

876.00

-6.25

Mar '16 890.50

877.25

878.50

-5.50

May '16 892.00

879.50

880.50

-5.25

Jul '16 894.75

883.00

884.25

-4.75

Aug '16 891.75

881.75

883.00

-5.00

Sep '16 878.50

870.25

871.00

-4.25

Nov '16 873.25

863.00

864.75

-5.00

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

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Soybean Comment
Soybeans closed lower today. Another crop conditions report that showed a good crop and even has some
speculating the USDA may again raise yields this month. With prices near contract lows and uncertainty
surrounding China more supplies in this market would be detrimental to prices.

Wheat
High Low
Cash Bids --

--

New Crop 483

458

Futures:

High

Low

Last

Change

Sep '15 470.25

463.00

462.00

-3.25

Dec '15 481.00

471.00

472.25

-2.75

Mar '16 487.75

479.00

480.25

-2.75

May '16 492.50

484.25

485.50

-2.50

Jul '16 496.50

488.75

490.25

-2.25

Sep '16 504.25

498.00

499.75

-1.50

Dec '16 517.50

512.00

512.00

-2.25

Mar '17 522.75

521.50

521.50

-2.00

May '17 516.50

516.50

519.50

-5.25

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

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Wheat Comment
Wheat prices closed lower again today. While there is not expected to be major revisions to the U.S. balance
sheet the market could see more increases in global supplies which would continue to keep the pressure on
prices and could push wheat to new contract lows.

Grain Sorghum
High Low
Cash Bids 383

340

New Crop 383

352

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn
High Low
Cash Bids 378

323

New Crop 358

330

Futures:

Daily Global

High

Low

Last

Change

Sep '15 359.25

353.25

356.50

+1.50

Dec '15 372.50

366.00

369.00

+0.75

Mar '16 383.75

377.25

380.25

+0.50

May '16 390.75

384.25

387.50

+0.75

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Jul '16 395.75

389.75

392.50

+0.50

Sep '16 390.50

385.00

388.00

+1.25

Dec '16 396.75

391.00

394.50

+1.25

Mar '17 407.00

403.75

404.75

+1.00

May '17 411.50

410.00

411.00

+1.00

Arkansas Daily Grain Report

FOB Memphis Elevator Crops

Corn Comment
Corn prices closed slightly higher today. The market continues to hold lows set following the August USDA
report. With another report scheduled for Friday and the USDA continued reporting of 68-percent of the crop
rated good to excellent we are not likely to see major adjustments in the corn supplies this month. Supplies will
remain ample which will continue cause concerns over the carryover in this year's crop.

Cotton
Futures:

High

Low

Last Change

Oct '15 63.94

63.15

63.32

0.03

Dec '15 63.63

62.86

62.92

-0.36

Mar '16 63.39

62.61

62.68

-0.26

Memphis, TN Cotton and Tobacco Programs

Cotton Comment
Cotton futures ended lower after trading was confined within Tuesdays range. The US agricultural attach
forecasts for China added to the negative undertone. Cotton imports are expected to be only 5.75 million bales
due to an only weak recovery in cotton use and a tight import quota. From a technical perspective, December is
attempting to consolidate just above support at 62 cents. Resistance begins at 64 cents.

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Rice
High Low
Long Grain Cash Bids - - -

---

Long Grain New Crop - - -

---

Futures:

High

Low

Last

Change

Sep '15 1222.0

1222.0

1221.5

+20.5

Nov '15 1261.5

1220.0

1246.5

+20.0

Jan '16 1290.0

1250.0

1275.0

+19.5

Mar '16

1297.0

+17.0

May '16

1315.5

+13.0

1330.5

+13.0

1251.0

+13.5

Jul '16 1327.0

1320.0

Sep '16

Rice Comment
Rice futures posted sharp gains today. News that the Philippines is in the process of re-evaluating the volume
of rice that will need to be imported in the 2016 marketing year. Previous recommendations were based upon a
relatively weak El Nino weather pattern, which has since intensified. The Philippines is one of the largest rice
importers in the world. Harvest is well under way in the US, with 35% of the crop in the bins as of Sunday,
September 6. November shattered previous resistance at the August high of $12.34, finally running out of
steam at $12.61 .

Cattle
Futures:
Live Cattle:

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High

Low

Last

Change

Oct '15 144.425

142.675

142.775

-0.700

Dec '15 146.700

144.775

144.825

-0.950

Feb '16 146.525

144.975

145.000

-0.625

Apr '16 145.325

143.825

143.900

-0.550

Jun '16 136.850

135.575

135.650

-0.425

Aug '16 134.750

134.200

134.225

+0.175

Oct '16 137.100

136.450

136.800

+0.650

Dec '16 137.650

137.000

137.400

+0.550

Feb '17 136.700

136.000

136.750

+0.750

Low

Last

Change

Sep '15 205.000

203.250

203.675

-0.625

Oct '15 200.750

198.225

198.225

-1.300

Nov '15 197.900

195.575

195.575

-1.175

Jan '16 191.800

189.625

189.625

-1.025

Mar '16 188.900

187.100

187.100

-0.775

Apr '16 188.150

187.550

187.550

-0.650

May '16 188.250

187.325

187.325

-0.700

Aug '16 188.500

187.675

188.000

-0.200

Feeders:

High

Arkansas Prices
Conway Livestock Auction
Pocahontas Livestock Auction

Daily Global

Rice E-Newletter
27

All About Rice News

Oklahoma City
Oklahoma City - Weekly Weighted Average Summary Wednesday
Cattle Comment
Cattle prices gave back a small amount of yesterday's large gains. Prices remain on the defensive
and continue to have difficulty maintaining gains as a strong dollar and record imports from
Australia remain a drag on prices.

Hogs
Futures:

High

Low

Last

Change

Oct '15 69.375

68.300

69.075

+0.300

Dec '15 64.150

63.075

63.650

+0.050

Feb '16 68.750

67.750

68.200

0.000

Apr '16 72.325

71.500

71.800

-0.075

May '16 77.000

76.375

76.450

-0.300

Jun '16 80.350

79.800

80.025

-0.175

Jul '16 79.500

79.175

79.450

+0.200

Aug '16 78.700

78.050

78.650

+0.325

Oct '16 67.400

67.000

67.000

-0.300

http://www.arfb.com/ag-markets-statistics/report/

Daily Global

Rice E-Newletter
28