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Exporter Since  

15 years        


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What We Promise

When We Promise



Desire


Mutual Gains

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Taboo

 

 

Underquoting for

Bagging Orders


 

Strengths

 

 

Financial Capability      

  

Industry Experience 

  

Requisite 

Infrastructure

  • 3 Mills with latest  machinery

  • Offices in major rice trading centers

  • Adequate warehousing

Consistent Quality

  • Experienced rice QC analyst

  • Latest testing equipment

  • We care for each grain

 

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Jagat Agro

Commodities Pvt Ltd

802, 8th Floor, Ambadeep Building, 14  K. G. Marg Connaught Place, New Delhi - 110001

Telephones

91-11-41525377 

Fax

91-11-41525344 

E-mail 

jagatnews@jagatagro.com
sales@jagatagro.com

 

Website

www.jagatagro.com

 

 

 

 

 

 

 

We will be happy to supply you rice as per your requirement. Ask us for a quote when you want to buy next. 

RICE NEWS YOU CAN USE

Issue 28 - 07 Aug 2006

 

Rice farmers in India were a dejected lot for about a fortnight during July due to interruption in the rains. Finally the rain god has been very kind to have made them smile.

Do please note our new address and telephone numbers. It is given on the left under Contact Us.

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Miscellaneous Rice News

Indian Rice Sowing Increases

As per government data, rice acreage in India, beginning 1 June is estimated at 19.2 million hectares compared to 18 million hectares in the year-earlier period.

Transplantation Status in North Indian Basmati Belt

75% of Transplantation for the new crop (2006-07) in the Northern Part of India where Basmati is grown has been completed. As per reports more Farmers are sowing 1121 instead of Basmati Rice.

Though interrupted for a fortnight, Monsoons finally make farmers smile

July is the most important month of the June-September monsoon season in terms of the usual volume of rain and the agricultural operations undertaken by farmers.

The monsoon, which began almost a week ahead of schedule on May 26, had undergone a weak phase of around 17 days last month in many regions across the country and has been subdued again in some regions since July 5. During the June 1-July 26 period, rains in the country were 14% below normal, according to official data.

Indian officials have predicted that bountiful monsoon rains would yield bumper crops, even as downpours tormented thousands and flooded large swathes of the country's two wealthiest states.

The recent rains prospects are pretty good specially for crops such as rice, maize cereals, cotton and jute which is planted in July. If the monsoon maintains its present trend in August and September then the wheat output will also be very high due to formation of rich moisture and good water reservoir positions.


International Rice Industry To Meet In India October 9-13

Indian Ministry of Agriculture and its co-sponsors Indian Council for Agricultural Research (ICAR) and International Rice Research Institute (IRRI). will be hosting a meeting of the International Rice Industry in Delhi from October 9-13.

The International Rice Congress (IRC) will bring together all aspects of the rice industry with a special focus on the latest research, science, and technology.

Farmers of Kullu Manali in Himachal Pradesh loose interest in Red Rice

The local farmers of the Kullu Manali valley have shown preference for fruit orchards because of the financial gains and have lost interest in the local red rice crop having a lot of medicinal and food value.

Prices & Analysis 

The slight dip in prices is due to depreciation of Indian currency.

Prices (All prices in USD). 

Export Prices CNF Gulf Countries. In USD PMT, all prices tentative in 45/50 kg new jute bags (Sortexed)                        

Crop                                 Year->

2004-05 2005-06 2006-07 

Raw Basmati 

720 690 NA

Parboiled Basmati 

NA 610 NA

Raw Pusa  

NA 645 NA

Pusa Parboiled 

NA 590 NA

Pusa Steam

NA 655 NA

Sharbati Raw

NA 460 NA

Sharbati Steam

NA 510 NA

Sharbati Parboiled

NA 490 NA
PR 106 Parboiled 300 broken 5% 2/3 basis NA NA NA
PR 11 Steam NA 440 NA
PR 11 Parboiled NA 405 NA
PR 11 Raw NA 410 NA
Rice 1121 Steam NA 860 NA
Rice 1121 Parboiled NA 760 NA
PR(Govinda) Parboiled NA NA 340

Trade Reporting 

10000 MT of 1121 Parboiled sold to Iraq through Dubai $770/- CNF

Recomendations 

Should Cover up all varieties of Rice as per requirement as stock of 2005-6 is depleting.

Disclaimer

Though analysis & recommendations contained herein are unbiased & sincere views expressed by Jagat News Team, buyers are advised to use their personal experience, wisdom and discretion for making purchase decisions.


Please lookout for the next issue of Rice News You Can Use after a month. 


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