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RICE NEWS YOU CAN USE
Issue 57 - 31 Jan 2009
"Production
uncertainty due to tight credit and declining rice prices, combined with
strong demand growth, points to another rise in rice prices in the coming
months," IRRI said in its quarterly publication, Rice Today.
Furthermore, lower use of farm inputs, like fertilizers and quality seeds,
will continue to challenge production growth.
"The meltdown of commodity prices may have caught off-guard many
farmers, who in late last year harvested a lower-priced crop produced with
high-priced inputs. Burned once, these farmers will likely play safe and
reduce input use," IRRI said.
This
month's eBook is Benefits Of Watermelon. Gift it to your
friends. Its simple - simply mail them this newsletter. They can download it
just like you can.
Scented
rice on revival route, set to outshine basmati - It is said to
surpass all qualities of basmati except the length of the latter. But
surprisingly, Kalanamak, a fragrant variety of rice and named thus as its
husk is black, isn’t popular among farmers. Once much favoured in Uttar
Pradesh, the rice was almost extinct till a Lucknow-based scientist took it
upon himself to revive the lost variety.
Over the past few years, R K Singh has introduced the farmers of
Siddharthnagar, Mau, Sant Kabirnagar and Azamgarh in eastern UP to Kalanamak,
which is a tall (135-145 cm), long duration (160-170 days) and photosensitive
variety.
Kalanamak has now even begun to command good price in the local markets of
these districts.
In these four districts, Singh, under the banner of NEFORD (Nand Educational
Foundation for Rural Development), has so far organised over 100
demonstrations to promote organic farming of Kalanamak.
“This variety is highly suitable for organic farming as its nitrogen
requirement is quite low. There can be a good yield of the rice with the help
of green manure or farmyard manure and without any use of chemical
fertilisers,” says Singh.
“The normal yield is one tonne per hectare. But with organic farming, the
yield has gone up to 2.5 tonnes to 3 tonnes per hectare,” said Singh, adding
that though this is less than other varieties of rice, farmers earn more per
hectare.
Besides, Kalanamak is less prone to diseases and pests as compared to other
aromatic and non-aromatic rice varieties.
NEFORD also organises programmes like ‘A walk through rice fields’ or ‘Seeing
is believing’, in which farmers are taken to nearby villages where Kalanamak
is being grown through organic farming.
The next challenge before NEFORD is to enhance the market for Kalanamak so
that its demand increases in the local as well as international markets.
“Talks in this regard are underway with Rice Exporters’ Association, which
works in coordination with the government. The association also supports
research and has, therefore, given a grant to Indian Agriculture Research Institute,
Pusa, to study indigenous varieties of scented rice. In May 2008, NEFORD was
also granted a project by TIFAC, Department of Science & Technology,
Government of India, with the objective of promotion of cultivation and trade
of Kalanamak in India and abroad.
The project, titled “Enhancing income of farmers by cultivation of scented
rice (Kalanamak) in eastern UP”, is being implemented in Siddharthnagar, Sant
kabirnagar and nearby areas.
IRRI gets $11M to develop new rice strain, improve yields by 50% - The
International Rice Research Institute (IRRI) through a group of scientists
has received an $11-million grant to develop a new rice strain that uses less
water and fertilizer and yields up to 50 percent more in production terms.
Known as the “C4” rice project, the money for this ambitious task comes from
the Bill & Melinda Gates Foundation. Scientists are optimistic that
boosting rice productivity is crucial to achieving long-term food security.
“This has not been attempted before, but we are optimistic that it will
succeed because a lot of new knowledge has been gained in recent years,” said
Achim Dobermann, IRRI deputy director general for research.
Dobermann stated that various groups worldwide started research on this
several years earlier. At present, he explained that the focus is to try to
understand the genetic controls of C4-photosynthesis in plants and finding
such characteristics in rice or species that are close to it.
“We hope to have a proof of concept after three 3 years, but the whole
project has a roadmap of about 15 years. At the end of it we hope to have a
functioning C4 rice, but it requires to make major anatomical and biochemical
modifications in rice,” Dobermann added.
IRRI scientists are experimenting with seed varieties that can withstand
droughts and floods, and others are growing rice in dry soil—much like
corn—rather than irrigated paddies. The latest of which is the strategy to
alter how rice plants perform photosynthesis and concocting hybrid varieties
that can boost yields by as much as 50 percent.
John Sheehy, a British physicist heading the research at IRRI, said that the
basic idea is to make rice behave more like corn and other plants that
perform a particularly efficient form of photosynthesis involving four-carbon
atoms. Rice photosynthesis has only three-carbon atoms.
“This is a long-term project that will take about 12 years to 15 years to
complete. The aim is to convert solar energy more efficiently in the rice
plant to produce more grain,” Sheehy said.
Sheehy explained that there would be approximately three direct strategic
approaches aimed at understanding how evolution alters the gene to produce an
improved photosynthesis in C4 plants, like maize, and apply the technology in
C3 plants, like rice. Three other approaches to the problem would be used to
build tools and knowledge to support the direct approaches.
“There are too many to simply list here, but we have to also begin to
understand what effect a more efficient photosynthetic engine might have on the
overall performance of the rice plant, e.g. rate of growth and size of the
plant,” the scientist said.
Given the demand by an increasing population in Asia, combined with less
available land and water, adequate future supplies of rice will need to come
in large part through substantial yield boosts and more efficient use of crop
inputs.
“The result of this strategic research has the potential to benefit billions
of poor people,” Sheehy said.
The C4 Rice Consortium project combines the strengths of a range of partners,
including molecular biologists, geneticists, physiologists, biochemists, and
mathematicians, representing leading research organizations worldwide.
Export blues: 35,000 tonnes of rice pile up at Kandla -Unsure of
international markets, Basmati rice exporters have held back shipments,
resulting in a pile-up of 35,000 tonnes of high quality rice at godowns of
Kandla port. According to sources, at least four rice cargo freighters are
waiting to set sail, as exporters are not getting guarantee of payment.
Though effect of global slowdown has not been visible much in Indian agro
markets, biggest buyers of Indian Basmati, especially Gulf countries as also
developed countries are still not on stable ground.
In fact in India, thanks to bumper crop of Basmati in Punjab and Haryana, the
Central government had lifted the ban on export of Basmati. The cheer was,
however, short-lived as the global markets crashed, resulting in instability.
"It's not that our exporters don't have orders. In fact, they are over
booked, but traders of Gulf or other developed countries are not furnishing
payment guarantee contracts," says a shipping agent at Kandla.
"Generally, importer and exporter enter into a forward booking contract,
whereby the former undertakes to make payment at a specific price of the
product on the day of the signing," explains an exporter. "But, as
the situation in the international financial markets are fluid, most parties
are backing out from signing on the dotted lines, bringing trade to a
standstill."
Meanwhile, according to sources of Kandla port, if the situation doesn't
improve in a couple of weeks' time, some of the shipping agents too may start
suffering losses as the risk factor is increasing by the day.
Details
of Rice Exported Through Kandla Port during Nov 2007 & 2008.
Basmati
Srl No. Destination Qty(MT) Value(In
Lakhs)
Nov 2007
1.
S. ARABIA
34448 10729.75
Nov
2008
1.
S. ARABIA
23314 16399.20
2.
IRAN
979 598.09
Total
24293 16997.29
Non Basmati
Srl
No. Destination Qty(MT) Value(In Lakhs)
Nov 2007
1.
S. ARABIA
31786 6894.06
2.
KENYA
5522 714.25
Total
37308 7608.31
Nov
2008
1.
MADAGASCAR 15000 3084.07
Prices
still stable. Ex Mandi Price of Basmati Paddy is at about $ 490/- per tonne.
Arrivals of paddy are now depleting.
Prices
(All prices in USD).
Export
Prices
CNF Gulf Countries. In USD PMT, all prices tentative in 45/50 kg new
jute bags (Sortexed)(+-) Diff in Sea Freight. PRICES
ARE EXCLUSIVE OF EXPORT DUTY IF APPLICABLE
Government abolishes Export Duty but as yet not notified.
MEP also reduced to $1100/- PMT. All cargo held up in Ports due to
notification delay.
|
Crop
Year->
|
|
2007-08
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2008-09
|
|
|
Basmati
|
|
|
|
|
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Raw
Basmati
|
|
1500
|
1300
|
|
|
Parboiled
Basmati
|
|
NA
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1175
|
|
|
Raw
Pusa
|
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NA
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850
|
|
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Pusa
Parboiled
|
|
NA
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775
|
|
|
Pusa
Steam
|
|
NA
|
885
|
|
|
Rice 1121 Steam
|
NA
|
1375
|
|
|
|
Rice
1121 Parboiled
|
|
NA
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1000
|
|
|
Non
Basmati
|
|
|
|
|
|
Sharbati
Raw
|
|
NA
|
610
|
|
|
|
|
|
|
|
Sharbati
Steam
|
NA
|
630
|
|
|
|
Sharbati
Parboiled
|
NA
|
600
|
|
|
|
PR
106 Parboiled broken 5% 2/3 basis
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NA
|
450
|
|
|
|
PR 11 Steam
|
535
|
525
|
|
|
|
Rice 11 Parboiled
|
535
|
500
|
|
|
|
Rice 11 Raw
|
535
|
515
|
|
|
|
|
|
|
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Saudi
Buyers are still refraining from the market. However they should buy now as
the impact of Export Duty being abolished will now bring Indian prices at par
with Pakistan Prices. Dubai demand for Iran consistent for 1121 Parboiled at
$1000/-
Buyers
should now cover.
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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