Rice sowing target in Kazakhstan exceeded by 11%.

Despite the late arrival of spring, planting in Kazakhstan has already almost caught up with last year progress, even outpaced it in some regions. The lag in individual grain growing regions results from rainy weather at the plantings time. Spring spiked cereals were sown on an area of 12.53 million hectare, 2017 (87.5% of the plan) that is 4.6% less than at the same time last year (13.13 million hectare or 89.6% of the plan). The rice sowing target in the country has already been exceeded by 11%. Kazakh farmers planted 102.7 thousands hectare of rice by the reporting date, or 14.5% more than at the same time last year (89.7 thousands hectare).

Thailand Most edible rice in old stockpile now sold.

The National Rice Policy Committee has approved the 16.56-billion-baht sale of 1.66 million tonnes of old rice to auction winners, leaving only 160,000 tonnes of edible rice in the stockpile. the committee endorsed the sale of the rice that 24 bidders won in the second auction of old government rice this year. 90.84% of the 1.82 million tonnes put up for auction were sold. 90.84% of the 1.82 million tonnes put up for auction were sold.

USDA estimates India on pace for record rice procurement.

Riding on expected record harvest, India rice procurement already has surpassed the previous record of 36 million tonnes in market year 2009-10. The country rice procurement is estimated at 36.9 million tonnes compared to 32.6 million tonnes during the corresponding period last year. With additional procurement of rabi and summer rice expected to continue in eastern and southern states, India rice procurement in market year 2016-17 is likely to touch a record 38 million tonnes, about 4 million tonnes higher than last year. The USDA estimates India market year 2016-17 rice production at a record 108 million tonnes.

India rice prices unchanged.

Prices of rice remained unchanged in the key wholesale market of Kapurthala. The steamed variety of Pusa 1121 basmati rice was sold at 7,000-7,200 rupees per 100 kg in Kapurthala, while the parboiled variety was sold at 6,000-6,100 rupees. Prices of 25% broken non-basmati rice were unchanged at 2,300 rupees per 100 kg.

USDA arm sees India 2016-17 rice exports at 11 million tonne.

India wheat exports in 2016-17 marketing year (Oct-Sep) are likely to be at 11 million tonne, up from 10.2 million tonne a year ago. the country had exported 5.2 million tonne rice, up from 4.8 million tonne in the year ago period. Indian rice exports have risen due to strong demand for non-basmati rice from African countries and neighboring Bangladesh, a record production at home and international parity in prices.

Rice, corn sown early in Thailand on good rains.

The cultivation of main crop rice and corn in Thailand is occurring much sooner than the year-ago period due to favourable rainfall and sufficient water reservoir levels. Thailand Royal Irrigation Department crop progress report indicated that approximately 300,000 ha main-crop rice has been planted in irrigated areas, compared to 4,800 ha in the year ago period. Thai rice exports during Jan-Apr (2017-18), was at 3.6 million tonne, up 2% on year. Exports of corn from the country in 2016-17 are revised up to 700,000 tonne, compared to 500,000 tonne in the previous forecast.

India Govt says soil health card reduced cost of paddy farming by 16-25%.

The use of soil health cards has led to 16-25% reduction in cost of paddy cultivation and 10-15% reduction in pulses and oilseed farming in 136 districts of 16 states. After the introduction of soil health card scheme, there has also been 10-25% increase in paddy production, 10-15% in coarse cereals, 10-30% in pulses and 35-66% rise in output of oilseeds. Soil Health Card provides information to farmers on nutrient status of their soil along with recommendations on appropriate dosage of nutrients for improving soil health and its fertility.

India Sowing in 2017-18 kharif season up over 9% at 7.3 million hectares.

Area under rice has gained momentum due to the recent rains and 349,000 heactres of land has been brought under cultivation of the water-intensive crop so far, higher than 329,000 hectares in the corresponding period last year. The weather department expects monsoon rains to be normal this year at 96% of the long-period average. Betting on good monsoon rains, the agriculture ministry is targeting food grain production at an all-time high of 280 million tonne in the new crop year that starts June, higher than this year record of 273.4 million tonne.

India rice fall in major spot markets on weak demand.

Rice prices fell in the key wholesale market of Kapurthala due to slowdown in export demand. The steamed variety of Pusa 1121 basmati rice was sold at 7,000-7,200 rupees per 100 kg in Kapurthala, while parboiled variety was sold at 6,000-6,100 rupees per 100 kg. Prices of both varieties were down 100 rupees from previous close. Prices of 25% broken non-basmati rice were unchanged and the grain was sold at 2,300 rupees per 100 kg.

NFA gets OK to import 250,000 MT of rice via government-to-private sector scheme.

The interagency National Food Authority Council (NFAC) has approved the recommendation of the National Food Security Committee (NFSC) to allow the NFA to import 250,000 metric tons (MT) of rice. NFA needs to import at least 752,560 MT of rice to meet its Legislative-Executive Development Advisory Council (Ledac)-mandated stock requirement of 30 days at the onset of the lean months. The national daily rice requirement is pegged at 32,720 MT. NFA imports committee is set to finalize and approve the guidelines for the importation of 805,000 MT of rice by private traders under the 2017 minimum access volume (MAV) scheme of the World Trade Organization. The NFA imports rice to augment its buffer stock during the lean months of July to September, when palay harvest significantly goes down due to harsh weather.

Bangladesh firm inks deal for Philippine developed rice hybrid.

Philippine-based rice research company SL Agritech Corp. on Wednesday signed a collaboration agreement with Bangladesh firm EnP Solutions Ltd. for the seed production of SL-18H variety of hybrid rice. SL-18H is a high-yielding rice hybrid which could withstand both dry and wet climate. SL Agritech will sell 20 to 50 tons of SL-18H hybrid rice seedlings to EnP Solutions annually. This will cover 5 to 10 hectares of rice fields. With 163-million population and decreasing scope of arable land, the rice hybrid is expected to increase Bangladesh rice production.

USDA arm says Thailand ups price of its rice exports.

Prices of rice exported from Thailand have increased due to continued demand for white and parboiled rice from the country. During the week ended May 22, prices of rice exported from Thailand increased 4-6% on week. It pegged rice production in Thailand in 2016-17 at 17 million tonne, against 15.8 million tonne the previous year due to higher recovery in off-season production. The estimate for exports from the country was, however, kept unchanged at 9 million tonne.

U.S. rice prices could be headed higher in 2017-18.

U.S. rice producers could see higher prices for their 2017 crops – and it not mainly because of the losses due to the flooding that occurred in portions of Arkansas, Louisiana and California in late April and early May. The long-grain rice price forecast is up about $1 per hundredweight – around $9.70 to $10.70.

1st purchase from Iraq comes in rice.

Iraq precedent-setting purchase of 30,000 MT of U.S. long grain milled rice comes after more than 16 months without any Iraqi purchases of U.S. rice. The 30,000 MT sale for July delivery was awarded to ADM, and comes almost a full year since the MOU was negotiated between the MOT and the U.S. Embassy in Baghdad.