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The following ships arrived at Port Qasim on Tuesday, where six ships namely, Maersk Sentosa,
Archimidis, Hain Hai Star, IVS Pinehurst, Philo Xenia and Broog scheduled to load/offload
Containers, Rice, Coal, Palm oil and Natural gas, berthed at Container Terminal, Grain Terminal,
Electric Terminal, Liquid Terminal and Elengy Terminal respectively
KARACHI, (APP - UrduPoint / Pakistan Point News - 16th Feb, 2022 ) :The following ships
arrived at Port Qasim on Tuesday, where six ships namely, Maersk Sentosa, Archimidis, Hain
Hai Star, IVS Pinehurst, Philo Xenia and Broog scheduled to load/offload Containers, Rice,
Coal, Palm oil and Natural gas, berthed at Container Terminal, Grain Terminal, Electric
Terminal, Liquid Terminal and Elengy Terminal respectively.
Meanwhile four more ships, America, Express Athens, Lucy Ocean and Asia Liberty carrying
Containers, Wheat and Palm oil also arrived at outer anchorage of Port Qasim during the last 24
hours.
A total of 09 ships were engaged at PQA berths during the last 24 hours, out of them, three
ships, Khairpur, Global King-I and Star Ploeg left the port on Wednesday morning, while
another ship 'Maersk Sensota' is expected to sail on today in the afternoon.
Cargo throughput during last 24 hours stood at 173,212 tonnes, comprising 137,374 tonnes
imports cargo and 35,838 tonnes export cargo, including containerized cargo carried in 4,519
Containers (2,580 TEUs Imports and 1,939 TEUs export) was handled at the Port.
There are 10 ships at Outer Anchorage of Port Qasim, out of them, five ships, Southern
Robin, Gas Lotus, Lucy Ocean, Tectus and America & another ship, Teera Bhum carrying
Chemicals, Wheat, Mogas and Containers are expected to take berths at MW-1, EVTL, FAP,
FOTCO and QICT on Wednesday,while three more ships, Express Athens, Irenes Ray
and MSC Eyra are due to arrive at Port Qasim on Thursday.
https://www.urdupoint.com/en/business/shipping-activity-at-port-qasim-1471368.html
Pakistan’s textile exports surged to an all-time high as they surged by 25 percent to $11 billion
during the first seven months of the current fiscal year compared to $8.76 billion in the same
period last year, according to the Pakistan Bureau of Statistics (PBS).
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The key export driver during the last seven months was value-added exports where the knitwear
segment contributed the most, as it increased by 33 percent year-on-year (YoY) to $2.9 billion
followed by ready-made garments 22 percent to $2.2 billion and bedwear by 19 percent to $1.9
billion exports, the data shows.
The data shows that on a month-on-month (MoM) basis, Pakistan’s textile exports were down 4
percent to $1.5 billion in January 2022, led by lower value-added exports segments mainly in
knitwear down 12 percent MoM and ready-made garments down 4 percent MoM respectively.
As compared to the last year, Pakistan’s textile exports remained up by 17 percent on yearly
basis on January 22 led by significant recovery witnessed in value-added segments, largely in
knitwear up by 19 percent YoY, ready-made up by 17 percent YoY, and bedwear 21 percent
YoY.
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Senate Panel Passes Public-Private Partnership Authority Bill
The increase in terms of volume and prices was the key driver that resulted in higher exports.
It is expected that Pakistani exporters will touch $18 to $19 billion at the end of the fiscal year.
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The Pakistani exports of food commodities also surged by 21 percent to $2.95 billion during the
first seven months of the current fiscal year as compared to the same period of the last fiscal
year. The main contributors of the food commodities include rice and fruit.
The Pakistani exports of sports goods also surged by 29 percent to $1.92 billion in the first seven
months of the current fiscal year as compared to the same period of the last fiscal year.
The federal cabinet on 15 February 2022 finally approved the Textile and Apparel Policy 2020-
25 after the Ministry of Commerce submitted the revised draft of the textile policy to the
Economic Coordination Committee (ECC) incorporating a few amendments. The key reason
behind the late approval was the dispute between the Commerce Ministry and the Energy
Ministry on the issue of Energy Tariffs (RLNG and Electricity).
According to a report by Topline Securities, the updated draft stated that Energy Tariffs will be
provided to the textiles and apparel industry at regionally competitive rates during the policy
years. For this, the tariff will be reviewed and announced in the federal budget by Finance
Division.
Oil Price Hike to Unleash Floodgates of Inflation: RCCI
As per the Pakistan Institute of Development Economics (PIDE), the average regional electricity
tariff rate stood at 7.4 cents per kWh in March 2021 which, as believed, has increased since then.
Pakistan’s current electricity tariff is around nine cents per kWh.
In the case of RLNG, the average regional RLNG rate stood at $4 per MMBTU as per PIDE vs
Pakistan’s tariff rate at $6.5 per MMBTU. It is believed that the above-stated textile policy will
have a neutral impact on the sector. Given, Pakistan is already offering subsidized energy and
RLNG tariffs to textile players and Pakistan is part of an IMF [International Monetary Fund]
program, a further reduction from the current levels is highly unlikely.
The RLNG tariff is expected to remain intact at $6.5 per MMBTU level although the regional
average is comparatively low. It is to note that RLNG is currently being provided at $9 per
MMBTU to the textile sector till March 2022 due to supply issues.
https://propakistani.pk/2022/02/16/textile-exports-surge-by-25-in-first-seven-months-of-fy22/
hussein farar/
BY BOSHIKA GUPTA/FEB. 16, 2022 2:04 PM EST
Biryani is essentially a rice dish that's full of spices and offers a variety of flavors in every bite.
According to The Spruce Eats, the basic recipe is prepared using long-grained rice and includes a
combination of vegetables or meat (such as chicken, lamb, or fish), plus gravy and occasionally,
nuts. It's a hearty meal that's time-consuming to prepare, but ideal for a celebration. Though its
history is murky, many accounts point to Persia (now Iran) as a starting point and claim that
biryani made its way to India later. It was initially a "rice-and-meat dish" but slowly evolved to
encompass many forms, and is now fairly popular.
This rice dish is revered in South Asia and is often spotted in Pakistan, as well as Bangladesh,
per Atlas Obscura. Interestingly, as a BBC piece reveals, biryani in Iran currently is now
primarily made without rice, and instead consists of "succulent chunks of meat" that are served
over rumali roti, a type of thin flatbread.
Biryani is a tricky dish to make, and mistakes can happen. For example, your efforts may taste a
bit too bland or may end up being soggy. It's also possible that the recipe hasn't been cooked with
the right mixture of spices, or the best-suited rice, such as basmati. As one home cook claims
on Reddit, for the perfect taste, "it's incredibly important to make sure you get real Basmati rice,
not the knockoff stuff some places sell."
While there's no denying the fact that gravy in a biryani is one of the dish's most flavorful
elements, it's important to use a small-to-moderate amount of sauce so that you're able to prepare
a thick gravy that "clings to the meat or veggies." Another Reddit user shared a useful tip, writing
that it's important to check in advance that you're using the right amount of water, and soaking
the rice before cooking it. "Be cautious that different varieties of rice require different ratio to
water ... I've made the mistake and made the worst jasmine rice before! Mush city," they opined.
May all your future biryanis be fluffy and evenly seasoned.
https://www.mashed.com/770504/the-real-reason-your-biryani-is-soggy/
KARACHI:
Pakistan’s exports of goods and services will exceed $38 billion in the ongoing fiscal year,
which is for the first time in the country’s history, projected Trade Development Authority
of Pakistan (TDAP) Chief Executive Arif Ahmad Khan.
In a meeting with a delegation of the Council of Economic and Energy Journalists on
Wednesday, he said that in the first six months of fiscal year 2021-22, goods shipments to
overseas markets rose to $15 billion, posting an increase of 18%.
“African market is the focus of attention as there are vast opportunities for export of different
products to the region,” he said. “Rice, pharmaceutical and IT products have a lot of export
potential.”
He said that Pakistan had shipped rice worth $2.2 billion and with the introduction of advanced
technology in crop cultivation, harvesting and processing, the number could be pushed to $5
billion.
Similarly, Pakistani pharmaceutical exports stand at only $300 million, which can be lifted by
five to six times over the next few years. On the other hand, there is a huge scope for IT exports.
Khan pointed out that extensive restructuring had been done in TDAP and it would begin bearing
fruit soon.
“Directors general have been appointed in TDAP by setting up product-based departments and
they will be responsible for looking after their respective fields,” he said. “Moreover, 16 research
officers have been hired for the departments purely on merit.”
Citing figures, the TDAP chief executive said that textile exports had grown by 27% while
exports of dates to Japan surged 50%.
Published in The Express Tribune, February 17th, 2022.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the
conversation.
https://tribune.com.pk/story/2343897/exports-projected-to-hit-38-billion
IANS
15-02-2022 12:00 PM
Made in Firework
The concept of Bio-fortified rice farming is getting popular among farmers in Bihar these days as
it is not just nutritious but also helps in increasing the farmers' earning.
It is believed that bio-fortified rice has rich contents of nutrition including protein and zinc which
is helpful to fight with malnutrition among children especially in a financially backward state
like Bihar.
One such initiative was taken in Bihar's Samastipur district where farmers started the cultivation
of bio-fortified rice in Kalyanpur-Samartha village.
"We have started cultivation of bio-fortified rice in a 2.5 acre land in Kalyanpur- Samartha in
Samastipur district as a pilot project and it has given good yield despite adverse situations. It is a
new technique introduced in the farming sector not only to enhance the nutrition of a product but
also to increase the earning of farmers. We need support from the state government to provide
seeds," a local farmer said.
"Over the years, more than 20 districts of North Bihar have been affected by floods every year.
Last year, flood water entered into districts like Samastipur, Muzaffarpur and Vaishali.
Interestingly, our crops sustained in adverse climatic situations and yielded a good amount of
agricultural produce," he said, while pointing out that the water logged in agricultural fields for
extended periods due to choked drains connected with different rivers.
"I used one 2.5 acre land for farming and used 50 kg seeds of bio-fortified rice in Samastipur.
Besides, the same cultivation is also done in Bela Bilaspur in West Champaran district," he said.
The farmer was guided by some experts of India Council of Agricultural Research (ICAR) and
Bihar origin NRIs related to an USA based forum called Global Indian Scientists and
Technocrats (GIST).
Sharad Mohan, a Bihar origin NRI based in USA along with some other technocrats were
working in the field of technologically upgrading Indian agriculture, had planned such an
initiative last year.
"We took it as challenge to connect technology with farmers that would not only enhance their
income but also help to fight micronutrient deficiency," Mohan said.
The shift from normal farming of paddy to bio-fortified rice may prove to be a boon to the state
like Bihar that ranks lowest with more than 48 per cent stunted children in the country.
"It could be a good initiative to introduce bio-fortified rice in the mid-day meal program of the
state government in schools, Anganwadi centers and different food distribution programs to cater
the needs of poor families having undernourished children. The bio-fortified rice has high protein
content of 10.1 per cent and Zinc containing 20 ppm as per the claim of National Rice Research
Institute Cuttack," Mohan said.
"Bio-fortification could be a step for India's transition from availability and access to nutrition
security and eradicating hidden hunger. I firmly believe that Bihari Thali would soon transform
into a Nutria-Thali after adoption followed by replication of the practice by the farmers in the
state," he said.
"Some of the senior officials Ashok K. Singh, DDG of ICAR has shown special interest in this
initiative. He has provided expert views and support for the farming of bio-fortified rice," Mohan
added.
"The cultivation of rice would certainly fetch a premium price in the market. It required branding
followed by awareness and advertisement at government level to promote this product.
Qualitative analysis, especially nutrition aspects mentioned on the packets are key here to
promote the product. At present, rice means carbohydrate which the people know. Once they
know about the nutrition aspect like protein and zinc, people from across the country and world
attract towards it," said Aditya Satsangi, a USA based agriculture trader and owner of a farm
named kisanpro.com.
"India is a big market for bio-fortified rice. Prime Minister Narendra Modi has also pointed out
this in his Independence Day speech from Red Fort this year. Besides India, if we target African
countries, it would give good export opportunities to generate foreign revenue for the domestic
farmers as well," Rachit Garg, a trader of HFN Mandi said.
"We are looking forward to buying bio-fortified rice from farmers of Bihar and selling it off in
the countrywide market," he says.
Bihar has good potential to produce bio-fortified rice especially in districts such as Rohtas,
Kaimur, Bhojpur, Buxar which are known as "Dhan Ka Katora" of Bihar. Apart from these
districts, the cultivation of rice is being done in all 38 districts as well.
https://ahmedabadmirror.com/cultivation-of-bio-fortified-rice-gaining-popularity-in-bihar/
81821309.html
News
Wolf Prize recipient Pam Ronald outside Robbins Hall, leaning against pillar decorated with a
ceramic mosaic mural. (Joel Mackendorf/UC Davis)
Quick Summary
1st woman among 6 UC Davis scientists to receive the prize
Foundation honors “achievements in the interest of mankind”
New rice varieties can withstand flooding and produce more
UC Davis plant geneticist Pam Ronald has been named the recipient of the 2022 International
Wolf Prize in Agriculture, given by the Jerusalem-based Wolf Foundation in recognition of her
“pioneering work on disease resistance and environmental stress tolerance in rice.”
She is the first woman among six UC Davis scientists to receive the Wolf Prize in Agriculture.
The foundation has been giving its $100,000 prizes in agriculture and other disciplines since
1978, honoring scientists and artists from around the world “for their achievements in the interest
of mankind and friendly relations amongst peoples.” This year the foundation gave multiple
prizes in chemistry, physics and architecture, and single awards in mathematics, music and
agriculture.
Ronald is a distinguished professor in the Department of Plant Pathology, having joined the
faculty in 1992, and is also affiliated with the UC Davis Genome Center and the Physical
Biosciences Division at Lawrence Berkeley National Laboratory.
The Wolf Foundation noted her work isolating a gene that allows rice to survive two weeks of
flooding and increases yield by 60% compared to conventional varieties. “Her discoveries show
an advanced understanding of fundamental biological processes and enhance sustainable
agriculture and food security,” the foundation said in its announcement of her prize.
Flood-tolerant rice varieties are now grown by more than 6 million subsistence farmers in India
and Bangladesh. The committee noted that those two countries lose more than 4 million tons of
rice each year to flooding, enough to feed 30 million people.
Ronald founded the UC Davis Institute for Food and Agricultural Literacy to provide the next
generation of scientists with the training they need to become effective communicators. She and
her husband, Raoul Adamchak, an organic farmer who retired in 2020 as the market garden
coordinator for the UC Davis Student Farm, are the authors of Tomorrow’s Table: Organic
Farming, Genetics and the Future of Food.
The Global Confederation of Higher Education Associations for Agricultural and Life Sciences
named Ronald a World Agricultural Prize Laureate in 2020.
Others from UC Davis who received the Wolf Prize in Agriculture: Jorge Dubcovsky, a plant
sciences distinguished professor (2014); Harris Lewin, an animal scientist and former vice
chancellor of research (2011); Roger Beachy, a plant scientist and founding director of the World
Food Center (2001); Gurdev Khush, a plant scientist and adjunct professor in the Department of
Plant Sciences (2000); and Shang-Fa Yang (deceased), a plant scientist in the Department of
Vegetable Crops (1991).
Media Resources
Media Contact:
Amy Quinton, UC Davis News and Media Relations, cell 530-601-
8077, amquinton@ucdavis.edu
https://www.ucdavis.edu/news/pam-ronald-wins-wolf-prize-agriculture
I still remember a statement one of them made. ’’Nigeria imports a shipload of rice each day’’,
he said, emphasizing that the US EXIMBank was ready to offer funding for Nigerian importers
through their local banks. That statement struck me, and it stayed with me till today. I am very
glad that in my lifetime, Nigeria is no longer importing shiploads of rice. In fact, in my
estimation, we should be exporting shiploads of rice to other countries in the next five years.
This is one of the most consequential achievements of this country in the last six years.
I congratulate President Buhari; CBN Governor, Godwin Emefiele; the farmers, and all others
who have worked so hard to accomplish this for our country.
Some commentators have tried to play down on the significance of the 13 rice pyramids unveiled
in Abuja last Tuesday. Some people are wondering if the price of the commodity would come
down with the release of the 13 million bags that constituted the pyramids into the market.
Others, for political and partisan reasons, have been rather caustic in their remarks. For them,
nothing good can happen under Buhari. However, the optics of the massive display presented
undisputable evidence of the nation’s progress in food production in the last six years.
The linchpin of this success is a funding arrangement known as the Anchor Borrower’s
Programme (ABP) devised by the CBN in collaboration with the commercial banks. Under it, the
banks lend to farmers with a guarantee for off-takers to buy the produce from them during
harvest.
The fact that the loan is disbursed in kind and repaid in kind provides mitigations against the key
risks like diversion of loan proceeds and default in repayments due to low sales. In addition, the
bulk purchase from the farmers prevents a glut of the commodity in the local markets and loss of
revenue to the farmers.
According to Mr. Emefiele, ABP has catalyzed the rural economy and built a sustainable
framework for financing smallholder farmers in Nigeria. ‘’The Programme has developed an
ecosystem among all nodes of the agricultural value chain and these linkages can be better
optimized through synergy among all stakeholders’’, he said at the Abuja event.
Statistics abound to prove the point. As of the end of December 2021, the programme has
financed 4,489,786 farmers that cultivated 5,300,411 hectares across 21 commodities through 23
banks in the 36 States of the Federation and FCT. The banks have disbursed about N900 billion
to the farmers since the inception of the programme.
This is a huge investment that has resulted in increased production and productivity of rice,
leading to job creation and reduction in importation. Under the scheme, each hectare of rice farm
employs between 12 to 14 people.
That the scheme has led to a reduction in our import bill is illustrated in the gradual
disappearance of Thai rice from our dinner tables. Thailand alone exported 1.3 million metric
tons of rice to Nigeria in 2014. But since the launch of ABP in 2015, there’ve been steady
reductions in rice imports from that country.
By 2016, rice imports from Thailand had fallen to only 58,000 metric tons and a meager 2,160
metric tons at the end of 2021. It’s undoubtedly a huge savings on foreign exchange.
In addition to increasing national rice output from about a 5.4million metric tons in 2015 to over
nine million metric tons in 2021, Nigeria has also significantly improved the productivity per
hectare of the smallholder farmer from about 2.4 metric tons per hectare in 2015 to between
about 5 metric tons per hectare in 2021.
These expansions have not only made Nigeria the largest rice producer in Africa but has also
unlocked enormous private sector investment in the rice value chain as the number of Integrated
Rice Mills grew astronomically from six in 2015 to over 50 in 2021 with many more in various
stages of completion.
Nigerians are hoping that the release of the 13 million bags of rice should further depress its
retail price in the market.
With the success recorded in rice production, it is encouraging that the country is turning its
attention to wheat, the third most consumed grain in Nigeria after maize and rice.
CBN estimates that we only produce about one percent (63,000 metric tons) of the 5-6 million
metric tons of wheat consumed annually in Nigeria, and this explains why we spend a whopping
$2 billion to import the grain every year.
According to the CBN, wheat accounts for the second-highest food import bill in Nigeria,
thereby putting pressure on the nation’s foreign exchange reserves. To produce enough wheat in
the country should therefore be a task that must be done.
With the ABP, our farmers have concluded the first major wet season wheat farming in Plateau
State planting over 100,000 hectares of the commodity across 15 States in the 2021 dry season.
This intervention should help in reducing the nation’s wheat import bills over the coming years.
The government has also established a Strategic Maize Reserve with the stock of maize
submitted as loan repayment by the farmers. This will provide a buffer for price modulation for
the poultry and feed mills nationwide.
A total of 241,656.76 MT was aggregated in the 2020 wet and dry seasons, out of which
217,218.53 MT has been disposed to 18 millers and poultry farmers through the Poultry
Association of Nigeria. The program was able to stabilize the poultry and livestock sectors
during the pandemic and saved the industry and consumers over N10 billion in raw material
costs.
Now, what’s the politics of the rice pyramids? Clearly, the massive display was a good showcase
for an administration assailed everyday for the security challenges in the country. The risk
however is a possible discontinuation of this programme or half-hearted implementation by
Buhari’s successor.
The President leaves office next year and Godwin Emefiele in 2024. This means that the fate of
the Anchor Borrowers Programme lies in the hands of the man or woman who would be elected
President in 2023.
We should give thought to this. In the last 25 years, Nigeria has achieved self-sufficiency in the
production of poultry, cement, SIM cards, and rice. Very soon, we will end the importation of
wheat and petrol. If we could record such achievements in textile production, our collective
prosperity would have been palpable.
https://businessday.ng/opinion/article/the-economics-and-politics-of-rice-pyramids/
Following the subcommittee meeting, Keith Glover, chair of the WMP Subcommittee, and USA
Rice staff met with teams from USDA’s National Agricultural Statistics Service (NASS),
Economic Research Service (ERS), and World Agricultural Outlook Board (WAOB)
departments. Glover provided feedback from subcommittee members regarding USDA statistics,
and reviewed the areas where members thought changes could be made. USDA also clarified
their data analysis methods and offered suggestions to better utilize the data in the future.
To round out the day, the WMP Subcommittee and USRPA membership met with staff from the
USDA Foreign Agriculture Service (FAS) to discuss the global trade situation. USA Rice
members provided insight on several topics requested by USDA, including fertilizer costs,
container delays, and water supply, while USDA covered developments in more than a dozen
countries and regions that are milled and rough rice export destinations.
“As always, we are grateful for the opportunity to hold this exchange with our USDA
colleagues,” said Glover. “These meetings are a valuable resource for both government and
industry to share their questions, concerns, and plans for the upcoming year.”
USDA
More than half of the world's population relies on rice as a primary source of nourishment. Yet,
rice production is responsible for an estimated 12% of total global methane emissions, a
greenhouse gas that is 20 times more potent than carbon dioxide.
In support of Kellogg's Better Days global purpose platform, Kellogg Company today
announced Kellogg's InGrained, a $2 million, five-year program that will partner with Lower
Mississippi River Basin rice farmers to reduce their climate impact, ensuring benefits to people
and planet are "ingrained" in food.
Much of the rice sourced from this area is used in rice-based foods like Kellogg's Rice Krispies
and Kellogg's Special K cereals.
"Kellogg has established itself as a committed partner to farmers in implementing climate-
positive agricultural practices in important crops like rice," Steve Cahillane, chairman and chief
executive officer of Kellogg Company says. "We are proud to announce a new program to help
advance regenerative practices as part of our Better Days ESG commitments to support one
million farmers and workers and reduce scope three greenhouse gas emissions across our value
chain by 15%, by the end of 2030."
The Kellogg's InGrained program will work with partners in the Lower Mississippi River Basin
to reward rice farmers for the tons of greenhouse gas (GHG) emissions they reduce, using a
playbook of climate-positive practices adapted to their farms.
In 2022, Kellogg will pilot InGrained in Northeast Louisiana in collaboration with leading
agricultural GHG measurement firm Regrow, rice producers, Kellogg supplier Kennedy Rice
Mill LLC, and agribusiness firm Syngenta.
The pilot will provide training opportunities in irrigation management, nutrient management and
soil health to support farmers' transition to new practices, then reward farmers with $20 per ton
of GHG abatement their new practices achieve, quantified with Regrow's secure Measurement,
Reporting and Verification (MRV) platform.
The pilot also has the potential to reduce irrigation water, an opportunity to conserve the region's
water resources and reduce farmers' operating costs. Through InGrained, partners estimate a
reduction of up to 51,000 tons of GHGs from the North American rice ingredient supply chain
over the next five years.
This reduction is the equivalent of taking more than 10,000 vehicles off the road. Feedback from
participating farmers will shape and improve the program's implementation in future years.
InGrained is Kellogg's latest initiative in the global Kellogg's Origins program to build
partnerships with farmers worldwide to support their climate, social and economic resiliency.
Working with ingredient suppliers, research institutions and non-profit organizations around the
world, farmers and workers in Kellogg sourcing regions receive training and technical assistance
to improve farm productivity, regenerate soil health, protect species and habitats, reduce
greenhouse gas emissions and improve their livelihoods in ways that protect and respect human
rights.
This effort and others like it are part of Kellogg's Better Days global ESG strategy, with a goal of
creating better days for three billion people by the end of 2030. It focuses on addressing food
security through the interconnected issues of nourishment, hunger relief and climate resilience.
"Kellogg's Origins has partnered with more than 440,000 farmers in 29 countries, helping to
improve lives and communities," Cahillane adds. "It is reflective of the principles our founder –
W.K. Kellogg – an early philanthropist, conservationist and wellbeing pioneer."
AgRegrow Ag is a software company that empowers transformation to sustainable practices
across the agrifood supply chain. Regrow delivers scalable, science-based solutions for the
adoption, measurement, reporting and verification of sustainable practices with ecosystem
outcomes, such as soil carbon sequestration.
Today, Regrow monitors nearly 200MM acres of land across 45 countries and has aided in the
sequestration of more than 77,000 metric tonnes of greenhouse gas emissions from the
atmosphere.
https://www.agriculture.com/crops/conservation/re-imagine-profit-loss-areas-on-the-field-edge
http://www.calricenews.org/2022/02/15/rcpp-enrollment-opportunity-now-open/
“The road is not free again because of border closure, and I believe the government did it to
develop our own rice production capacity, but we do not have enough farmers. “A lot of people
are after white-collar jobs; even those that studied agriculture in schools are not ready to be
farmers,” she said.
She expressed optimism that local rice production would increase, and cost of the commodity
reduce.
Mrs Funmi Akinnawo, who sells rice at Isheri area of the state, also told NAN that the ban on
rice importation was still affecting availability of the commodity.
“Many people are still buying foreign rice; they do not really believe in Nigerian rice, there are
complaints that no matter how they clean it, there are still stones,” she said.
The trader urged the Federal Government to ensure improvement in the quality of Nigerian rice
as well as ensure increased farming and supply.
A foodstuff trader at Iyana-Ipaja, Mr Bello Garuba, told NAN: “A bag of local short-grain rice
is sold for N23, 000, foreign short-grain rice, N32,000 or N33,000, while long-grain foreign
rice sells for N28, 000 per bag.
“We have many Nigerian companies that produce rice now yet the price has not come down,”
Garuba said.
Mr John Nwabueze, a resident of Alimosho in Lagos State, also noted that many Nigerians
preferred foreign rice to local rice.
He noted that although foreign rice was banned, it was still being smuggled into the country and
many Nigerians went for it in spite of the cost.
According to him, short-grain foreign rice preferred by many people is now scarce.
“The high demand for short-grain foreign rice has caused a hike in the price,” Nwabueze said.
Investigations by NAN reveal that a 50kg bag of local rice sells for between N24, 000 and N25,
000, a 50kg bag of short-grain foreign rice sells for between N32, 000 and N36, 000.
Long-grain foreign rice sells for N28, 000 per 50kg bag.
In December 2021, short-grain foreign rice sold for N24,000, and long-grain, between N26,000
and N27,000; while local rice sold for N23,000.
https://www.vanguardngr.com/2022/02/rice-sellers-worry-as-price-increase-in-lagos/
CBI files case against Nellore rice mill for Rs 17.76 crore
bank fraud
DECCAN CHRONICLE. | DC CORRESPONDENT
PublishedFeb 17, 2022, 2:31 am IST
UpdatedFeb 17, 2022, 2:31 am IST
K.H. Patnaik, chief general manager of Canara Bank, lodged a complaint with CBI officials and
demanded investigation
The accused managed to get credit facilities by submitting inflated valuation reports of collateral
properties for constructing a rice mill and buying equipment. (Representational image/ DC File)
Hyderabad: CBI officials registered cases against the management of Sri Lakshmi Narasimha
Swamy raw and boiled rice mill for duping Syndicate Bank (now Canara Bank) to the tune Rs
17.76 crore.
The cases were registered against Badwel Hemalatha, Badwel Narayanamma, Badwel
Srinivasulu Reddy, and Ojili N Raju, panel valuer of the bank and others. All are natives of
Nellore. The accused managed to get credit facilities by submitting inflated valuation reports of
collateral properties for constructing a rice mill and buying equipment. However, once the loan
was cleared they diverted the money, failed to pay installments and sold the stock and machinery
that were hypothecated without informing the bank.
K.H. Patnaik, chief general manager of Canara Bank, lodged a complaint with CBI officials and
demanded investigation into the Rs 17.76 crore fraud.
The rice mill is located in Nellore district’s Kovur village.
https://www.deccanchronicle.com/nation/crime/170222/cbi-files-case-against-nellore-rice-mill-
for-rs-1776-crore-bank-fraud.html
South Korea tenders to buy 72,200 tonnes rice from U.S. and
Vietnam
CO NTRIBU TO R
Michael Hogan Reuters
PUBLISHED
FEB 16, 2022 7:40AM EST
CREDIT: REUTERS/KHAM
South Korea’s state-backed Agro-Fisheries & Food Trade Corp. has issued an
international tender to purchase an estimated 72,200 tonnes of rice to be sourced from the
United States and Vietnam, European traders said on Wednesday.
Anti-Aging Products In Pakistan May Be Turning Heads Anti Aging | Search Ads
Adds detail from paragraph three
HAMBURG, Feb 16 (Reuters) - South Korea’s state-backed Agro-Fisheries & Food Trade Corp.
has issued an international tender to purchase an estimated 72,200 tonnes of rice to be sourced
from the United States and Vietnam, European traders said on Wednesday.
The deadline for registration to participate in the tender is Feb. 25.
The rice is sought in six consignments.
Two consignments each of 22,222 tonnes of non-glutinous brown medium grain rice should be
sourced from the United States. One is for arrival in South Korea around Sept. 30 and the other
around Nov. 30.
The other four consignments of various sizes involve non-glutinous brown long grain rice all
sourced from Vietnam. Arrival is sought between June 1 and Sept. 30.
A new rice tender had been expected after the corporation made no purchase in its previous
tender for 46,344 tonnes, traders said earlier on Wednesday.
(Reporting by Michael Hogan, editing by Jason Neely)
((michael.j.hogan@thomsonreuters.com; +49 172 671 36 54; Reuters
Messaging: michael.hogan.thomsonreuters.com@reuters.net))
https://www.nasdaq.com/articles/south-korea-tenders-to-buy-72200-tonnes-rice-from-u.s.-and-
vietnam
Thailand to Give Stiff Competition to India in Rice Exports
Thailand's rice production is expected to reach 20.8 million tonnes (mt) in 2021-22
Thailand's rice output is expected to rebound from the lows observed in 2019 and 2020,
providing severe competition to India in the global rice market this year. In the parboiled rice
section of the market, it is India's lone competitor.
Thailand's rice production is expected to reach 20.8 million tonnes (mt) in 2021-22, up from 18.8
mt in 2020-21 and 17.65 mt in 2019-20, according to the US Department of Agriculture. Water
supply, which has been a problem in 2019 and 2020, is likely to improve.
Thailand's rice exports are expected to be 31% higher this year, at eight million tonnes,
compared to 6.1 million tonnes last year, according to the USDA's Foreign Agricultural Service
(FAS) post in Bangkok. Exports are expected to increase, owing to a weaker Thai baht.
At the moment, Indian parboiled rice with 5% broken grains costs $370-376, whereas Thailand
charges $395. "Thailand's exports are anticipated to rise to 8 million tonnes from 6-6.5 million
tonnes last year," said Nitin Gupta, Olam Agro India Ltd Vice-President.
70% of Exports to Africa
"Some purchasers prefer Thai rice to Indian rice since the latter's quality is deemed higher. As a
result, the number of shipments is likely to increase," stated Bulk Logix Director Vidya Sagar
VR.
According to the USDA's Bangkok FAS Post, Thai parboiled rice is more competitive than
Indian parboiled rice, with 44% of exports going to South Africa, Benin, Cameroon, and Angola
last year. Parboiled rice made up about 70% of the total.
https://krishijagran.com/commodity-news/thailand-to-give-stiff-competition-to-india-in-rice-
exports/
Pakistan’s rice exports to China increased 133% in 2021
FEBRUARY 16, 2022
Pakistan’s export of rice to China (HS Code 1006) crossed $400 million in 2021, up 133 percent
year on year, and in the first five months of the last year once Pakistan remained the largest rice
supplier to China. China Economic Net (CEN) reported this on Tuesday quoting official data
from the General Administration of Customs of the People’s Republic of China (GACC).
Commercial Counselor of the Pakistan Embassy Beijing Badar uz Zaman previously said that in
the next few years, his target is to achieve one million tons of rice. He desires that Pakistan will
become the largest player in this market.
This year China imported about 973,000 tons of rice worth $437 million from Pakistan. The
seven new Pakistan rice exporters have been added to the approved list which has risen to 53 last
year, and China relaxed import restrictions on Pakistani rice which helped rice export to China.
Commercial Counselor Badar uz Zaman told CEN that Pakistan has become the third-largest
exporter of rice to China, added that they are using traditional and especially social media
platforms to provide awareness about Pakistani rice in this market.
“We are also in discussion with the Chinese government for the technology transfer of sea rice
because huge saline land along the coastal districts can be used for rice cultivation.
The Chinese have been successful in their experiments to use the saline land and we can learn
this from China,” Badar added. This year semi or wholly milled rice (Commodity Code
10063020) crossed about $249 millio, increased 85% as compared to last year, which followed
by broken rice (Commodity Code 10064020) reached $125 million, up 201% year on year. Badar
further said that the number of Pakistani restaurants isincreasing in China that helped Pakistani
Basmati rice improve exports here, and Middle Eastern restaurants like Lebanese and Turkish
restaurants also use Basmati rice. Previously there was no presence of Basmati rice because
Chinese normally like the other varieties of rice, but now the Chinesebuying power is being
increased, and the tendency to use expensive products and special aromatic basmati rice will
create a pull from the Chinese market.
Miss Xie working as a manager in a Pakistani restaurant is amazed that more Chinese customers
are coming to eat Basmati rice because it’s different from Chinese rice and it has a special
fragrance. The grains remain separate after cooking.
Asif Jalil, owner of Little Lahore a famous restaurant in China told CEN that Thai Jasmine rice is
very popular here because they created the demand in the Chinese market and now, they are
capturing & enjoying the market, he added Pakistan still needs to work hard to grab the whole
market because the Chinese market is too big.
“The quantity of Pakistani rice exported to China, at this moment does not represent the demand
from the local consumers. It only tells that we let some of the consumers try Pakistani rice.
When this export grows over a certain period, then basically, we will be able to see the number
of returning consumers to rightly quantify the growth in demand for Pakistani rice,” he added.
Pakistani rice exporters expressed that the shipping cost is too high due to COVID-19 and the
price of rice in the domestic market goes up while the end-users are still buying on old rates. If
they get subsidies or some incentives from the Chinese side, that would help increase much more
exports of Pakistani rice to China.
They also said that 1121 Basmati Rice has very high quality in Pakistan but the price of this type
of rice is the same as Indian traders are getting in the Chinese market, while quality has a huge
difference, adding that the Pakistani government needs much more effort to increase further
exports of rice because China is a very big market.
They also mentioned that right now IRRI-6, IRRI-9, semi or wholly milled rice and broken rice
are the main varieties of rice that are exported to China while Basmati and other top varieties still
need to work hard to capture the Chinese market.
Federal Minister for National Food Security and Research (NFSR) Fakhar Imam said that last
year Pakistan has the best rice production of around 9 million tons, which has helped Pakistan
earn $4.75 billion from rice exports, and he expected that 2022 will break all record of rice
production and exports. It is also worth mentioning that the latest color sorter machines
(technology) and seeds given by China to Pakistan to facilitate the sowing and improvement of
rice grains helped increase rice exports to China and also around the world.
https://dailytimes.com.pk/886338/pakistans-rice-exports-to-china-increased-133-in-2021/