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RICE NEWS YOU CAN USE

Issue 32 - 11 Dec 2006

The items in the Miscellaneous Rice News highlight the efforts being made to find ways and means to overcome the plight of poor farmers by the world community.

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Pollution 'reducing rice harvest' -  Pollution-laden clouds may be partly to blame for India's dwindling rice harvests, according to research. A US team found brown clouds, which cloak much of South Asia, have a negative impact on rice output by reducing sunlight and rainfall. They discovered elevated levels of greenhouse gases also reduced yields. The study, reported in Proceedings of the National Academy of Sciences, came a day after researchers said new crops adapted to a warmer climate are needed. Since the 1980s, India has faced ever-declining harvests of its staple food, raising concerns that shortages could occur.

Farmers may get help in adapting to global warming -  Facing the inevitability of global warming, agriculture experts are trying to help the world's farmers adapt to higher temperatures. They're working to develop new varieties of crops that can better withstand heat, drought, flooding and other extreme weather. They also want to train farmers in poor countries in more efficient ways to use land and water. Climate change is already happening. It's not just in the future," said Cynthia Rosenzweig, the leader of the Climate Impacts Research Group at NASA's Goddard Institute for Space Studies in New York. Warmer temperatures are already suppressing crop yields. Both more droughts and more floods are likely. Robert Zeigler, the director of the International Rice Research Institute in the Philippines, said poor farmers needed climate-ready crops and animals that can withstand environmental changes and extremes. The longer we wait, the more difficult situation we'll face, said Zeigler, who's used genetic techniques to create a variety of waterproof rice that can survive prolonged submersion during a flood. He said his variety, which is being introduced in flood-prone areas of India and Bangladesh, can last up to two weeks underwater, instead of only three days like other types of rice.

Helping developing country farmers adapt to climate change - The world's largest alliance of international agricultural research centres is embarking on a new effort to intensify and streamline agricultural research in order to reduce the vulnerability of developing countries to climate change. The Consultative Group on International Agricultural Research (CGIAR) brings together 15 agricultural research centres from around the world. It is funded by international organisations, including the EU, national governments and private research foundations. According to Dr Robert Zeigler of the International Rice Research Institute, climate change will make it even harder to meet the challenges of reducing poverty and producing enough food to feed a growing population. 'The livelihoods of billions of people in developing countries, particularly those in the tropics, will be severely challenged as crop yields decline due to shorter growing seasons,' he commented.

Arrival of Paddy at mandies is now depleting. Prices though still high - seem to have stabilised. With appreciation of INR Rupee, rice prices are high in the international market.

Prices (All prices in USD). 

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

About 5000 MT Raw Pusa Basmati Rice at $780 to Saudi Arabia. Saudi Arabian Buyers seem to have decided to wait for sometime before concluding deals for the current crop.

Now that the prices have stabilised, buyers should start purchasing.

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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