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RICE NEWS YOU CAN USE

Issue 31 - 19 Nov 2006

IRRI's new Strategic Plan (2007-2015) maintains the Institute's traditional emphasis on food security – a vital strategy as almost half the world eats rice each day – but has for the first time put as its first goal reducing poverty among rice farmers and consumers. The four other goals focus on environmental sustainability, health and nutrition, access to information and knowledge, and supporting efforts everywhere to develop new and improved rice varieties.

Announcing the new Strategic Plan at the opening of the International Rice Congress (IRC) on October 9 in New Delhi, IRRI's Director General Dr. Robert S. Zeigler said: "If the world is serious about achieving the first and most important of the UN's Millennium Development Goals on poverty, then we must focus on the livelihoods of poor rice farmers and consumers because together they make up almost half the world's population.

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Protect rice exports from contamination: industry-Leading commodity exporters have urged the government to take lessons from the losses being suffered by the US rice industry and farmers on account of contamination of American long grain rice by the genetically modified (GM) grains. They have said that policy measures should be put in place to see that transgenic versions of long grain rice are not developed so as to peril the Indian exports. Speaking to FE, RS Seshadri of Tilda Riceland said, India exports good quantity of long grain basmati and non-basmati rice to Europe, West Asia and Japan at premium prices. Consumers in these regions do not accept GM rice. The US and Chinese exports of rice has taken a heavy beating as their rice is contaminated with GM grains.


Meeting the rice demand - The production rate needs to be doubled to ensure sufficient availability. Thankfully, rice technologists are doing the needful. Though the availability of rice, unlike that of wheat, has not been a problem so far, the situation might change if the growth rate in rice production does not rise. At present, the annual output growth in this key foodgrain is below one per cent, against the population increase of around 1.7 per cent. So, unless rice production rises at nearly double the current rate, its availability may not remain comfortable for long. The silver lining, however, is that rice technologists are conscious of it and have already begun fine-tuning their research strategies to meet this goal. This was evident at the 2nd International Rice Congress, held recently in Delhi, where rice scientists, millers and traders from some 45 major rice-growing countries outlined the efforts underway to raise production and productivity of better quality rice at relatively lower costs.

IRRI announces change in copyright policy - After being given an important new role by the rice-producing nations of Asia to support the free flow of research and development information, the International Rice Research Institute (IRRI) has announced an important change in its copyright policy. The leaf, mentioning all rights reserved, will be taken out of the software industry's book, the Philippines-based Institute has announced, and as a result information will now be available for all, according to the Manila-based IRRI.

Rice prices have risen steeply and are still increasing slowly.

Prices (All prices in USD). 

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

In October, about 50000 MT Brown Pusa Rice at $ 515-525 and 5000 MT Parboiled Pusa Rice at $525/- was sold to Europe and Saudi Arabia respectively.

Thereafter there has been a steep rice in the prices and there are very few sellers in the market.

Except a few buyers, all have been left out on purchase. Now One has to watch and wait for prices to stabilise.

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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With regards from Jagat "Rice News You Can Use" Team)  

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