Rice

The Punjab government aims to reduce paddy acreage by nearly 8% in the state in the crop year starting June, and has been motivating farmers to switch to other crops.

Optimistic to set a record procurement of about 60 lakh metric tonne of paddy this year, Odisha government today said the rabi exercise would start from May 1. Optimistic to set a record procurement of about 60 lakh metric tonne of paddy this year, Odisha government today said the rabi exercise would start from May 1. It is targeted to procure total 60 lakh MT paddy in both kharif and rabi, this year.

The exports of basmati rice from the country during the month of March 2017 increased by 154.28 percent as compared the exports of the corresponding month of last year. During month of March, about 45,745 metric tons of basmati rice worth $43.976m were exported as compared the exports of 17,412 metric tons valuing of $17.294m of same month last year.

After chia and quinoa, teff is the new superfood that is set to make an entry into the Indian farm sector. Teff, a drought-resistant rice, is a staple food crop of Ethiopia, and the grain dates to the Abyssinian civilisation. We had brought the seeds from the US Department of Agriculture four years ago and carried out trials in various locations, including areas around Mysuru, parts of Tamil Nadu and in Bagalkot, North Karnataka. Two of the 19 varieties are suitable for Indian conditions. The upcoming kharif season teff being planted in Karnataka. Grain has a potential to yield 200-250 kg per acre. Teff, a hardy crop, can be grown in both kharif and rabi seasons. It is suitable for districts with dry zones in Karnataka. The international wholesale prices of teff are around ₹650-700 a kg.

Telangana farm department has raised its estimate for rice output to 5.56 million tonne in 2016-17 (Jul-Jun), from 4.57 million tonne projected in the second advance estimate. Output of rice in the previous year was 3.05 million tonne. Telangana is one of India leading producers of rice. According to the third advance estimate, output of maize, another major crop in the state, is expected to rise 65.8% to 2.9 million tonne this year because of higher acreage and yield. Total output of food grains is projected to rise to 9.06 million tonne, compared with 5.15 million tonne a year ago.

The National Cooperative Dairy Federation of India buy 1,500 tonne de-oiled rice bran through a reverse electronic auction. The commodity, used as cattle feed, will be bought on behalf of Karnataka Milk Federation. The federation, which has nearly 200 dairy cooperatives as members, has developed an online trading platform to purchase feed stock and sell dairy products

Rice production in Bangladesh is expected to increase 0.4% to 34.7 million tonnes in the 2017-18 marketing year, driven by higher yields in the region. Planted area for the country is forecast down 0.3%, to 11.7 million hectares, on lower Boro and Aus rice planted area. Farmers are reportedly switching to more profitable crops like maize, potato, jute, pulses and oilseeds. planted area for Aman rice (planted in July/August and harvested in November/December) rise to meet staple food demand and to avoid switching crops during the monsoon season. Rice imports for 2017-18 are forecast at 125,000 tonnes, up from 100,000 tonnes in 2016-17, on expectations of better pricing from regional suppliers.

Manila, Philippines – The Department of Agriculture (DA) will lead the creation of a task force to look into the nationwide inventory of rice stocks to counter allegations of a current shortage and speculation of possible importation despite a bumper harvest. The task force aims to prove that there is enough rice supply in the country and establish actual stock situation to allow the government to come up with correct statistics, which could be the basis of sound agricultural planning, particularly in terms of rice production. NFA is insisting on an immediate government-to-government importation of 250,000 metric tons (MT) of rice to boost the agency’s inventory. Latest data from the PSA showed that the country’s rice inventory in March declined by 19 percent to 2.18 million MT, from 2.67 million MT recorded a year ago. The agency reported that total rice inventory as of March was also five percent lower than the 2.3 million MT posted in February.

The country rice production in the first quarter may have expanded by 12.8 percent to 4.44 million metric tons (MMT), from 3.93 MMT recorded a year ago. Palay production for January-March 2017 may reach 4.44 MMT, 2.1 percent below the January 2017 round forecast of 4.53 MMT, but 12.8 percent higher than the previous year’s output of 3.93 MMT. The projected palay production in the first quarter of the year is higher than the actual first quarter output of 4.36 MMT recorded in 2015. In the January round of its survey, titled “Rice and Corn Situation Outlook”, the PSA said the probable increase in first quarter rice output is due to the expansion in harvest area. The continuous and heavy rainfall and strong winds that were experienced during the vegetative and reproductive stages of the crop in Capiz, South Cotabato, Leyte, Compostela Valley, Aurora, Aklan, Surigao Norte and Negros Oriental may cause production of these provinces to go down. The Philippine Statistics Authority (PSA) said harvest area in the January-to-March period may contract to 1.15 million hectares, from 1.16 million hectares, or by 0.9 percent. Also, yield per hectare may decline to 3.85 metric tons (MT), from 3.92 MT.

The National Cooperative Dairy Federation of India buy 150 tonne of de-oiled rice bran through a reverse electronic auction. The commodity used as cattle feed, will be bought on behalf of Indian Immunological. The national federation has nearly 200 dairy cooperatives as its members, has developed an online trading platform to purchase feed stock and sell dairy products.

Dairy body to buy 150 tonne de-oiled rice bran.

Rice export prices extended its upward trend in India on a stronger rupee, while Vietnam rates were stable amid a subtle market on low demand. India’s 5 percent broken parboiled rice prices RI-INBKN5-P1 rose by $7 per tonne to between $382 and $387 a tonne this week, as gains in the rupee forced exporters to raise prices despite sluggish demand. India, the world’s biggest rice exporter, mainly exports non-basmati rice to African countries and premier basmati rice to the Middle East. Its rice output could rise by 4.3 percent to a record high of 108.86 million tonnes in 2016/17. In Vietnam, the world’s third-largest rice exporter, market was quiet on low demand and unattractive rice prices amid worries over rainfall affecting grain quality. Abnormal rain in some harvesting areas has affected rice quality, but not too seriously. Vietnam’s rice exports are expected to plunge 23.9 percent annually to 1.19 million tonnes in the first quarter, after the grain shipments dropped 26.5 percent in 2016 due to lower output caused by climate changes. Thai benchmark 5-percent broken rice RI-THBKN5-P1 was quoted at $350-$365 a tonne free-on-board (FOB) Bangkok on previous close.