22nd september,2015 daily global rice e-newsletter by riceplus magazine
TRANSCRIPT
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For Blog & News Letter Advertisment contact to write : Mujahid Ali [email protected]
www.ricepluss.com & www.riceplusmagazine.blogspot.com
August 22 ,
Vol 5,Issu
Daily Global Rice E-Newslette
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News Headlines...o September rains improve Rabi outlook
o Asia scientists take big leap toward 'rice of the future'
o Tanzania: TMEA Vows to Support Tanzania in Marketing Rice
o
APEDA COMMODITY NEWSo USAID-funded project to boost adoption of stress-tolerant rice in Nepal
o TARIFF ON RICE
o
Businessman charged for rice smuggling
o
Study: Little evidence of cheating among 'mutualist' species
o
China urged to allow duty-free imports
o Big data on 3,000 rice genomes available on the AWS Cloud
o EAC looking into Ugandan VAT on Tanzanian rice
o Scientists develop rice variety with high folate stability
o Centre raises rabi crop production target to 133 mt
o
Arkansas Industry Celebrates National Rice Month with Donation to Arkansas Rice Depoto
Japan readies rice quota offers for final tariff talks
o How should rice production be reformed?
o After Beef Fiasco, Government Flip-Flops on Rice Imports
o CME Group/Closing Rough Rice Futures Farmers plea for debt relief if second rice crop again
banned
News Detail...
September rains improve Rabi outlook
TOMOJIT BASU However, kharif output may be down by 2% on deficit rains
NEW DELHI, SEPTEMBER 21:
After prolonged dry spells in July and August, a resurgent monsoon this month is expected tohelp farmers during the Rabi season.Deficit rainfall is likely to take its toll on Kharif foodgrains(rice, pulses and coarse cereals) output which the Agriculture Ministry expects will contract by 2
per cent to 124.05 million tonnes (mt) this year, according to its early estimates released lastweek.As of Monday, the rainfall deficit has narrowed to 14 per cent after showers across Eastand North-East India.
The early monsoon withdrawal appears to have slowed with low pressure systems movingtoward the North bringing more moisture to parts of Rajasthan, Haryana, Punjab and Uttar
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Pradesh over the weekend. Parched areas of Maharashtra also received much needed precipitation, while Gujarat‘s Saurashtra and Kutch areas recorded steady rainfall.
The South Peninsula also received significant rainfall in the first two weeks of September. Thishelped narrow the deficit to 14 per cent from a late-August high of 22 per cent.―The resurgence
will improve soil moisture in these areas. Even if Kharif yields fall due to less rain during themonsoon, Rabi prospects appear to be good. Overall, food inflation is unlikely to worsen,‖ saidan Agriculture Ministry official.According to India Meteorological Department data, 16 out of36 sub-stations have reported deficient rainfall between June 1 and September 21. Eastern UttarPradesh, Bihar, Marathwada and the Konkan coast are largely rain-fed and have been hit thehardest.
The normal area during the Rabi season is 61.43 million hectares and important crops growninclude wheat, pulses like chickpea (chana) and gram, mustard and barley. The season accountsfor 51 per cent of the country‘s foodgrain output.―Rainfall has been forecast for another 10 days.So, this will help crops in the final flowering stage. Moisture retention in the soil and charged
reservoir levels is a positive sign for Rabi,‖ said a senior official from Indian AgriculturalResearch Institute. Kharif crop sowing, of which 97 per cent has been completed, will end thismonth.
Rabi conference
The two-day annual ‗Rabi Conference‘, which reviews the performance of the preceding Kh arifand strategises about the Rabi, will be held here from Tuesday. The conference will see Centraland State agriculture officers engaging on preparedness for the season.Six topics, including the promotion of horticulture and organic farming, more cultivation of pulses and oilseeds in rice
fallows, and ways to tackle agrarian crisis, will be focused on.
http://www.thehindubusinessline.com/economy/agri-business/september-rains-improve-rabi-
outlook/article7674441.ece
Asia scientists take big leap toward 'rice of the future' Nyshka Chandran | @NyshkaC
Agung Parameswara
Two farmers cut stalks of rice using a special knife called 'anggapan' during harvest season in Tabanan, Bali, Indonesia.
Scientists have made major strides towards creating new breeds of rice that could be more
sustainable, as well as more resilient to environmental stresses.
The International Rice Research Institute (IRRI), the Chinese Academy of Agricultural Sciences,
and BGI (formerly known as the Beijing Genomics Institute) have identified the exact genetic
http://www.cnbc.com/nyshka-chandran/http://www.cnbc.com/nyshka-chandran/http://twitter.com/@NyshkaChttp://twitter.com/@NyshkaChttp://twitter.com/@NyshkaChttp://twitter.com/@NyshkaChttp://www.cnbc.com/nyshka-chandran/
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makeup of more than 3,000 different families of rice for the first time in what is being heralded
as a major advancement in rice science.
Now, rice breeders can use these varieties as building blocks, using the sequence data to identify
genes that represent favorable traits that can be transferred to other varieties, Marco van den
Berg, chief technology officer at IRRI, told CNBC.
By identifying the DNA of these rice varieties, researchers hope to improve the overall quality of
rice cultivation while also reducing the crop's environmental footprint. Traits targeted for
improvement include higher nutritional quality and greater tolerance of pests, diseases, floods
and drought, as well as reduced greenhouse gas emissions.
"This dataset provides access to millions of genetic markers that can be used to design
sustainable crops for the future - ones that are high-yielding while at the same time requiring less
water, fertilizer, and pesticides," said Rod Wing, director of the Arizona Genomics Institute at
the University of Arizona and IRRI scientist.
Funded by the Bill & Melinda Gates Foundation, the Chinese Ministry of Science and
Technology, and Global Rice Science Partnership, the international research project produced a
massive data set of 120 terabytes that will be hosted on the Amazon Web Services (AWS) cloud.
Accessing the data is free and AWS hopes it will help global researchers accelerate the breeding
process.
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http://www.cnbc.com/2015/09/22/scientists-put-dna-for-over-3000-rice-varieties-on-
amazon-cloud.html
Tanzania: TMEA Vows to Support Tanzania in Marketing Rice
Trade Mark East Africa (TMEA) has pledged to support Tanzania to capitalise on its comparative
advantage on rice production by increasing sales of the commodity in the regional markets.The
TMEA Country Director, Dr Josephat Kweka, said in Dar es Salaam at the high level policy dialogue
for rice value chain stakeholders in the EAC Common Market that although Tanzania leads in rice
production it was still not able to take advantage of the readily available markets in neighboring
countries.
It is estimated that 18 per cent of farming households grow rice and the economic activity in the rice
sector contributes to 2.66 per cent of the country's gross domestic product (GDP). The country
currently produces about 1.40 million tonnes of rice; grown mainly by small scale farmers.The theme
of the conference was the National and Regional Policy Measures for Development of Rice Value
Chain in the Context of Opportunities in the EAC Common Market. Dr Kweka said TMEA was
ready to partner with other stakeholders in implementing recommendations arising from the meeting.
"This country is not short of policies and strategies, what is needed are actions and we are ready to
partner in this important endeavor," he said. The conference was organized by TMEA and Tanzania
Private Sector Foundation (TPSF) and attended by members of the private and public sector from
within EA countries. He said TMEA was in the middle of programming its five -year second phase
of operation that will start in January 2017 which will focus on promoting cross border trade under a
new principle called "Good Neighbor Policy".
"In that policy we will be supporting partner states in East Africa and other partners especially the
private sector to leverage opportunities arising from cross border trade," he said.
He said those opportunities cannot be limited to East Africa as the region needed to trade with other
countries such as Ethiopia, Southern Sudan, Democratic Republic of Congo (DRC) and others.
"In that sense cross border trade becomes broader and not limited to geographical configuration," he
said. He said TMEA was grateful and happy with the partnership with the private sector apex body in
Tanzania in advocating better and improved business environment that promotes regional trade in
East Africa.
http://allafrica.com/stories/201509230200.html
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APEDA COMMODITY NEWS
International Benchmark PricePrice on: 21-09-2015
Product Benchmark Indicators Name Price
Apricots
1 Turkish No. 2 whole pitted, CIF UK (USD/t) 5125
2 Turkish No. 4 whole pitted, CIF UK (USD/t) 4625
3 Turkish size 8, CIF UK (USD/t) 3625
Sultanas
1 Australian 5 Crown, CIF UK (USD/t) 2116
2 Iranian natural sultanas (Gouchan), CIF UK (USD/t) 2122
3 Turkish No 9 standard, FOB Izmir (USD/t) 2125
White Sugar
1 CZCE White Sugar Futures (USD/t) 806
2 Kenya Mumias white sugar, EXW (USD/t) 691
3 Pakistani refined sugar, EXW Akbari Mandi (USD/t) 577
Source:agra-net For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 21-09-2015
Domestic Prices Unit Price : Rs per Qty
Product Market Center Variety Min Price Max Price
Jowar(Sorgham)
1 Gulbarga (Karnataka) Hybrid 1050 1250
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2 Gevrai (Maharashtra) Red 1570 1600
3 Kota (Rajasthan) Other 1100 1100
Maize
1 Hunsur (Karnataka) Local 800 1200
2 Dahod (Gujarat) Yellow 1470 1625
3 Kallakurichi (Tamil Nadu) Other 1436 1613
Mousambi
1 Khanna (Punjab) Other 2000 3000
2 Solan (Himachal Pradesh) Other 4000 4500
3 Mechua (West Bengal) Other 1800 1800
Cucumbar
1 Nagpur (Maharashtra) Other 1500 2000
2 Koraput (Orissa) Other 1000 1100
3 Ludhiana (Punjab) Other 500 1000
Source:agmarknet.nic.in For more info
Egg Rs per 100 No
Price on 21-09-2015
Product Market Center Price
1 Pune 316
2 Mysore 300
3 Nagapur 278
Source: e2necc.com
Other International Prices Unit Price : US$ per package
Price on 21-09-2015
http://agmarknet.nic.in/http://agmarknet.nic.in/http://agmarknet.nic.in/http://e2necc.com/http://e2necc.com/http://e2necc.com/http://e2necc.com/http://agmarknet.nic.in/
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Product Market Center Origin Variety Low High
Onions Dry Package: 40 lb cartons
1 Atlanta Georgia Yellow 27 30
2 Baltimore Peru Yellow 27 28
3 Detroit California Yellow 28 28.50
Carrots Package: 20 1-lb film bags
1 Atlanta California Baby Peeled 19 20.75
2 Chicago California Baby Peeled 17 17.50
3 Dallas Arizona Baby Peeled 16.75 17
Apples Package: cartons tray pack
1 Atlanta Washington Red Delicious 21.50 22.50
2 Chicago Washington Red Delicious 18 21
3 New York Washington Red Delicious 24 26
Source:USDA
International Benchmark Price
Price on: 22-09-2015
Product Benchmark Indicators Name Price
Garlic
1 Chinese first grade granules, CFR NW Europe (USD/t) 2100
2 Chinese Grade A dehydrated flakes, CFR NW Europe (USD/t) 2000
3 Chinese powdered, CFR NW Europe (USD/t) 1800
Ginger
1 Chinese sliced, CIF NW Europe (USD/t) 4600
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2 Chinese whole, CIF NW Europe (USD/t) 5100
3 Indian Cochin, CIF NW Europe (USD/t) 3000
Guar Gum Powder
1 Indian 100 mesh 3500 cps, FOB Kandla (USD/t) 4180
2 Indian 200 mesh 3500 cps basis, FOB Kandla (USD/t) 1600
3 Indian 200 mesh 5000 cps, FOB Kandla (USD/t) 2700
Source:agra-net For more info
Market Watch
Commodity-wise, Market-wise Daily Price on 22-09-2015
Domestic Prices Unit Price : Rs per Qty
Product Market Center Variety Min Price Max Price
Rice
1 Dhing (Assam) Fine 3500 4000
2 Mannar (Kerala) Other 3500 3700
3 Sultanpur (Rajasthan) Other 2050 2100
Wheat
1 Alappuzha (Kerala) Other 1800 1900
2 Neemuch (Madhya Pradesh) Other 1350 2200
3 Kota (Rajasthan) Other 1451 1641
Pine Apple
1 Shillong (Meghalaya) Other 2000 2400
2 Mumbai (Maharashtra) Other 1000 2400
3 Chala (Kerala) Other 2100 2155
Carrot
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1 Koraput (Orissa) Other 2400 2500
2 Mumbai (Maharashtra) Other 1200 1500
3 Ahmedabad (Gujarat) Other 1500 2500
Source:agmarknet.nic.in For more info
Egg Rs per 100 No
Price on 22-09-2015
Product Market Center Price
1 Pune 316
2 Nagapur 278
3 Namakkal 290
Source: e2necc.com
Other International Prices Unit Price : US$ per package
Price on 22-09-2015
Product Market Center Origin Variety Low High
Potatoes Package: 50 lb sacks
1 Atlanta Idaho Russet 15.50 16
2 Baltimore Oregon Russet 14 15
3 New York Idaho Russet 14 14
Cucumbers Package: cartons film wrapped
1 Atlanta Canada Long Seedless 9 10
2 Baltimore Canada Long Seedless 8 9
3 New York Honduras Long Seedless 7 8
Grapefruit Package: 7/10 bushel cartons
1 Atlanta California Red 23.50 25.50
http://www.google.com/url?q=http%3A%2F%2Fagmarknet.nic.in&sa=D&sntz=1&usg=AFQjCNH7rHLhbJ78SneizjLocW6_maIAqQhttp://www.google.com/url?q=http%3A%2F%2Fagmarknet.nic.in&sa=D&sntz=1&usg=AFQjCNH7rHLhbJ78SneizjLocW6_maIAqQhttp://www.google.com/url?q=http%3A%2F%2Fagmarknet.nic.in&sa=D&sntz=1&usg=AFQjCNH7rHLhbJ78SneizjLocW6_maIAqQhttp://www.google.com/url?q=http%3A%2F%2Fe2necc.com&sa=D&sntz=1&usg=AFQjCNG5IYIqPKB5k_mnbLTGoLNmX3QaWQhttp://www.google.com/url?q=http%3A%2F%2Fe2necc.com&sa=D&sntz=1&usg=AFQjCNG5IYIqPKB5k_mnbLTGoLNmX3QaWQhttp://www.google.com/url?q=http%3A%2F%2Fe2necc.com&sa=D&sntz=1&usg=AFQjCNG5IYIqPKB5k_mnbLTGoLNmX3QaWQhttp://www.google.com/url?q=http%3A%2F%2Fe2necc.com&sa=D&sntz=1&usg=AFQjCNG5IYIqPKB5k_mnbLTGoLNmX3QaWQhttp://www.google.com/url?q=http%3A%2F%2Fagmarknet.nic.in&sa=D&sntz=1&usg=AFQjCNH7rHLhbJ78SneizjLocW6_maIAqQ
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2 Chicago California Red 21 22
3 New York California Red 24 28
Source:USDA
USAID-funded project to boost adoption of stress-tolerant
rice in Nepal
By International Rice Research Institute September 22, 2015 | 3:20 pm EDT
Rice production is very
important to the food supply
and national economies of Nepal and Cambodia.
However, these countries
suffer from low production of
rice caused by insufficient rain,
irrigation problems, flooding,
lack of seeds, and outdated
traditional
technology. Accelerating the
Adoption of Stress-Tolerant Rice Varieties by Smallholder Farmers in Nepal and
Cambodia (USAID-ASTV) was launched to help solve some of the problems plaguing their rice
productivity.
The project seeks to contribute to the efforts of the United States Agency for International
Development (USAID) and the governments of Nepal and Cambodia toward poverty and hunger
reduction and increase food and income security for resource-poor farm households, through
provision and distribution of high-yielding rice varieties tolerant of abiotic stresses. USAID-
ASTV, funded by USAID, recently concluded its inception and planning workshop for Nepal in
Hotel Annapurna, Kathmandu on 16 September. The event had intensive discussions on quality
seed production of STRVs and multiplication by both public and private sector, as well as how
the project can capitalize on the seed system and new seed policy in Nepal for the success of the
project.
Welcoming the participants totalling 110 in the opening session, Director General Yubak Dhoj
G.C. of the Department of Agriculture, Government of Nepal, acknowledged IRRI‘s efforts for
providing about 252,000 tons of seeds of different stress-tolerant rice varieties (STRVs) such as
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drought-tolerant, Sukkhadhan 1 to 6 and submergence-tolerant, Swarna-Sub1 and Samba
Mahsuri-Sub1, to name a few.
―Farmers in Nepal will have more STRV seeds available to them,‖ said Director General Dhoj.
―They will adopt more of the varieties once the seeds are disseminated to them.‖
Dr. Abdelbagi Ismail, overall project leader and IRRI principal scientist, acknowledge the
contribution of all the participants to the group discussions and workplan development for the
project‘s main activities. These are the drought- and flood-tolerant varieties; seed production and
distribution and policy issues; biotic stresses; gender and social equity; GIS and targeting; and
M&E and other socio-economic studies. Meanwhile, Dr. Faith Bartz from USAID-Washington,
presented the Feed the Future program, the U.S. Presidential food security initiative, to which
this new project is aligned.
―I would like to see strong collaboration of project stakeholders with agriculture secretaries and
ministers in achieving the project‘s activities and updates,‖ said USAID Mission in Nepal AIDProject Development Specialist, Mr. Navin Hada. He encouraged the project implementors to
come up with strong coordination mechanism with public and private sector.
―The USAID has been helping to establish foundation in agriculture research and development
in Nepal,‖ said Chief Guest, Mr. Uttam K. Bhattarai, Secretary, Ministry of Agricultural
Development, Government of Nepal stated, ―Now, it provides funds through IRRI for
disseminating and promoting drought and submergence-tolerant as well as mid-mountain rice
varieties to increase rice production.‖
During the closing of the program Dr. Ismail remarked that ―such active and enthusiastic
participation and involvement of all partners will ensure successful implementation of the
project.‖ Dr. Uma Shankar Singh, acting IRRI representative to India and Nepal, and Dr. Bhaba
Tripathi, senior associate scientist in IRRI-Nepal office, served as overall coordinators for the
event.
http://www.agprofessional.com/news/usaid-funded-project-boost-adoption-stress-
tolerant-rice-nepal
TARIFF ON RICE
By Amado P. Macasaet on September 22, 2015
The National Economic and Development Authority was reported as having suggested that the present tariff on rice be kept at 40 percent or close to that.The idea is brilliant if the intention isto protect Filipino rice planters from their competitors who produce the cereal at remarkablylower costs. Unfortunately, this has not been the case in the Philippines for at least half a century.
http://strasa.irri.org/contact-ushttp://strasa.irri.org/contact-ushttp://www.agprofessional.com/news/usaid-funded-project-boost-adoption-stress-tolerant-rice-nepalhttp://www.agprofessional.com/news/usaid-funded-project-boost-adoption-stress-tolerant-rice-nepalhttp://www.agprofessional.com/news/usaid-funded-project-boost-adoption-stress-tolerant-rice-nepalhttp://www.malaya.com.ph/users/amado-p-macasaethttp://www.malaya.com.ph/users/amado-p-macasaethttp://www.agprofessional.com/news/usaid-funded-project-boost-adoption-stress-tolerant-rice-nepalhttp://www.agprofessional.com/news/usaid-funded-project-boost-adoption-stress-tolerant-rice-nepalhttp://strasa.irri.org/contact-us
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The truth is this country, for one reason or another, although the prevailing view is governmentneglect, has never been consistent in having enough of the cereal. Thus, in preparation for theeffects of El Niño on production, the National Food Authority is entering into contracts withrice growers principally Vietnam, Thailand, and India.(It is a shame Thailand learned ricetechnology from the International Rice Research Institute in Los Baños, Laguna.
It eventually became the world‘s largest exporter of the staple cereal. For reasons very difficultto understand, the Philippines – host of the IRRI – is now the world‘s biggest rice importer).Iftariff is an instrument to protect local producers where are the rice farmers we are trying to protect? They are there in the farms, yes, many working on the five-hectare areas given to themunder Comprehensive Agrarian Reform Program but cannot seem to produce enough for their big families.The farmers that a high tariff tries to protect are no longer net contributors to higher production. Hardly anybody ever noticed they are now net consumers. Thus rice imports increaseevery year made so by poor harvests and more mouths to feed.I understand the high tariff isimposed on private importers.
The NFA does collect tariff, otherwise the government would look silly transferring its money
from one pocket to the other.High tariff is imposed on private importers, only to raise money, notto make the cereal available to the poor. But it is available to the poor. The price is controlled bythe NFA. It is extremely difficult to understand how private rice importers who pay high tariffrates can make money when the price of the cereal is controlled by the state.As everybody knowssmuggling of rice is rampant made so by high tariff.
I recall Senator Edgardo Angara crafted the ―Agriculture Modernization Program.‖ If the planhad been successfully implemented there would be enough funds for the rice farmers withoutCongress appropriating money.My recollection of the plan is that beyond a specified volume ofimported rice, a tariff will be imposed. The tariff will form a fund to support the farmers. Thegovernment has not made public what the specified volume is. So we do not really know if a red
cent was ever collected from the excess of the specified volume.Ignoring all these, thegovernment should find wisdom in hauling down to near zero the tariff on rice.
The accession to the World Trade Organization forced us to accept low or zero tariff on manyfood items including vegetables we can very well grow at home.Filipino vegetable farmers try tocompete. They may not be that successful but we fill the shortage with imports precisely to makethe commodity available to the poor.Small farm lands for rice have disappeared, taken over bysmall homes built with money earned by 10 million Filipinos working in many parts of theworld.The beneficiaries of land reform are expected to help attain self-sufficiency in rice.
But how can they? The government did not even leave them a work animal to make their five-hectare areas produce enough for their big families.Rice will always be a political commodity.As a matter of fact, land reform is a political decision calculated to help the poor earn a livingselling the cereal after they are assured of enough for their stomachs.
As a farmer, in a province not known for having haciendas divided for the landless, I do not seethis happening.We were share croppers working on two hectares of rice land. My father and I produced enough for my six brothers and sisters. As I said the small rice fields are now occupied by homes inhabited by many children.I have not had a meal of home-grown rice for
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decades.With a population of 100 million people increasing by at about 2 percent or two million babies a year, and the failure of land reform to increase farm productivity, there might bewisdom in making a critical decision on which crop or fruit trees we should cultivate with fullgovernment assistance and surrender to the reality we will never be able to attain self-sufficiencyin rice. Here is the NEDA saying the tariff on rice should stay. Who are we protecting? Certainly
not the rice farmers!
Not to be forgotten is the fact that the Philippine territory is only 300,000 square kilometers. Thedensity per square kilometer is increasing as food shortage gets worse.Have we determinedwhether or not our farm lands have reached or are getting close to what economists call optimumutility? We have not because we know lack of government support to agriculture leaves thefarms, particularly the five-hectare pieces from land reform, in shameful under utility.In a word,the government refuses to hit the nail on the head.
* * * *
email: [email protected]
Category:
http://www.malaya.com.ph/business-news/opinion/tariff-rice
Businessman charged for rice smuggling Publish Date: Sep 22, 2015
Siraje Muwonge accused of smuggling of goods costing Uganda Revenue Authority (URA)
sh24m at Anti-corruption court Kololo in Kampala. September 22, 2015. Photo by Fred
Mubanda. Newvision
By Barbra Kabahumuza
The Anti-Corruption Court has charged businessman
Siraji Muwonge Muttanga for smuggling 202 bags
of Pakistani rice valued at sh24m.The Court,
presided over by Grade One Magistrate Agnes
Alum, heard that the accused on September 6, 2015
at Mityana town council in Mityana district was
found in possession of 202 bags of 50kgs each of
Pakistan rice which were not taxed by Uganda
Revenue Authority (URA).Muttanga, a resident of
Sagala in Rakai district and a father of 9 children,
http://[email protected]/http://[email protected]/
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was charged with acquisition and being in possession of unaccustomed goods, contrary to section
200 (d) (iii) of the East African Community customs management act 2004.
However, the Court released the accused on a sh4m cash bail after presenting three substantial
sureties despite prayers from the state prosecutor, Lydia Katami not to grant him bail.―I object to
the bail application on grounds that the accused may interfere with the inquiries which are
incomplete and state witnesses,‖ she prayed.Clad in brown trouser sand a green shirt, Muttanga
appeared calm before the magistrate.
The sureties who were bonded at sh30m not cash were Richard Kyegombe; 39, Erias Sengabi,
44, and Abasi Mbalire, 38, all relatives of the accused.In reply the state‘s submission, defence
lawyer Hudson Segamwenge asked court for bail on grounds that the accused is the sole bread
winner for his family. He also said that the state had not produced evidence, showing that the
accused would interfere with investigations and witnesses. ―No affidavit to that effect has been
submitted in court. Therefore prosecution allegations are baseless,‖ he said.The court also heard
that the accused rights had been violated when he spent four days in custody. The magistrateadjourned the case to October 13 for mention and to know the status of investigations
Study: Little evidence of cheating among 'mutualist' species
It's only cheating, researchers say, if one of the species gets hurt.By Brooks Hays | Sept. 21, 2015 at 4:34 PM
Pollination is the most classic example of mutualism. Other examples include beneficial gut
bacteria and human digestion, as well as the relationships between humans and domestic
animals. Photo by Betty Shelton/Shutterstock
HOUSTON, Sept. 21 (UPI) -- Mutualists are species that benefit from each other's activity. Pollination is a classicexample of mutualism. Researchers have long assumed thatcheating is rampant among mutualists. But a new study, published in the journal Ecology Letters, suggests the oppositeis true.As far as ecologists can tell from existing scientificliterature, cheating is relatively rare among mutualistspecies.There are a range of studies which claim to detailinstances of mutualistic "cheating." But as scientists at Rice University, Michigan State and theUniversity of California, Santa Barbara point out: these studies rarely operate under a standard(or accurate) definition of the word "cheating.
""By definition, a behavior is only cheating if it provides one partner with an advantage and alsoimposes a disadvantage on the other partner," Emily Jones, an evolutionary ecologist at Rice andco-author of the new study, said in a press release. "We found that most previous definitionswere focused on just one side of the interaction.""People have tended to be narrowly focused onwhether one partner was either giving less of a resource or taking more from the other partner,
http://www.upi.com/author/Brooks-Hays/http://www.upi.com/author/Brooks-Hays/http://www.upi.com/author/Brooks-Hays/http://onlinelibrary.wiley.com/doi/10.1111/ele.12507/abstracthttp://onlinelibrary.wiley.com/doi/10.1111/ele.12507/abstracthttp://onlinelibrary.wiley.com/doi/10.1111/ele.12507/abstracthttp://news.rice.edu/2015/09/21/study-its-not-cheating-unless-a-species-gets-hurt/http://news.rice.edu/2015/09/21/study-its-not-cheating-unless-a-species-gets-hurt/http://news.rice.edu/2015/09/21/study-its-not-cheating-unless-a-species-gets-hurt/http://news.rice.edu/2015/09/21/study-its-not-cheating-unless-a-species-gets-hurt/http://onlinelibrary.wiley.com/doi/10.1111/ele.12507/abstracthttp://www.upi.com/author/Brooks-Hays/
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but neither of those qualifies as cheating unless the other partner is harmed," Jones added.Thisisn't to say that mutualism describes some sort of socialistic cooperative among animals. In fact,the idea of "cheating" is very much a reaction to the fact that mutualism, on its face, flies in theface of Darwinian self-interest.But mutualism isn't about cooperation so much asexploitation. Ayn Rand's philosophy is very much alive in the natural world."Each species is
actually exploiting the other, and each one benefits more from the mutual arrangement than theyare harmed by it," said Jones.
Authors of the new study aren't actually arguing that cheating is non-existent, or even rare, onlythat previous research has failed to prove its prevalence."It is possible that cheating iswidespread," said co-autho Maren Friesenr, a plant biologist at Michigan State. "But it is clearthat previous studies have not proved that widespread cheating is taking place.""In order toqualify as cheating," Friesen explained, "a behavior must increase the fitness of the cheating partner above the average fitness of individuals in its own population, and it must decrease thefitness of the partner below the average fitness of individuals in the partner's population."
http://www.upi.com/Science_News/2015/09/21/Study-Little-evidence-of-cheating-among-mutualist-species/2261442863193/
China urged to allow duty-free imports
September 22, 2015
MUSHTAQ GHUMMAN
Pakistan has urged China to immediately allow 90 per cent of its imports duty free and find outways to resolve wide discrepancy in bilateral trade statistics. This was stated by Commerce
Minister, Engineer Khurram Dastgir Khan in a chat with Business Recorder . He was in China toattend a conference of Commerce Ministers of Shanghai Co-operation Organisation (SCO). "Itwas the first formal meeting between the Commerce Ministers of the two countries in two and ahalf years. I have urge my Chinese counterpart to allow entry of 90 per cent items duty free withimmediate effect whereas there will be no change in China's status," he added.
The second round of Free Trade Agreement (FTA-II) will be held soon in Beijing. Pakistaniteam will be led by Additional Secretary Robina Athar. Replying to a question, the CommerceMinister said Pakistan has also proposed that customs officials of both countries should hold ameeting to resolve serious discrepancies in trade statistics as there is a difference of $3- 4 billionin the trade figures of the two countries. Answering another question, he said Pakistan has also
suggested that China should set up a special section or appoint a focal person to resolve businessdisputes between Pakistanis and Chinese because Chinese legal procedure is very complicated;he added that language is another issue. In reply to another question, he said certification procedure for Pakistani agriculture and horticulture is very long and tedious and there is a needto expedite the process.
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Pakistan will also make all-out efforts to complete the documents so that export of meat andfruits including dry fruits and cherries from Gilgit Baltistan is facilitated properly. TheCommerce Minister stated that Pakistan requested China to increase rice purchase from Pakistan."There was an impression that exports of rice to China is based on quota but there is no quota;however rice purchases are based on certain restrictions put in place by the Chinese
government," Khan continued. Pakistan is trying to increase rice exports to China. The Ministerfurther stated there is no issue on Sust border with China.
And there is no trade dispute between the two countries but these are business disputes. "Mymeeting with Chinese counterpart was very constructive and he promised to resolve all Pakistan'sissues positively," he further added. The Commerce Minister said he held a meeting with hisIranian counterpart on the sidelines of the conference and discussed the follow-up of recent visitof Iranian officials to Pakistan including proposed five-year roadmap between the two countries.http://www.brecorder.com/top-stories/0/1229505/
Big data on 3,000 rice genomes available on the AWS Cloud
22 September 2015 Dr. Kenneth McNally
[email protected] 3,000 Rice Genomes Project (3K RGP) is a collaborative, international
research program that has sequenced 3,024 rice varieties from 89 countries. This massive dataset
is a powerful resource for understanding natural genetic variation in rice as well as for large-
scale discovery of new genes associated with economically important traits. It will help
accelerate the pace of developing improved rice varieties around the globe to feed a growing
population, estimated to reach more than 9.6 billion by 2050, with half of humanity relying on
rice for sustenance and livelihood.
The International Rice Genebank of the T.T. Chang Genetic Resources Center at
theInternational Rice Research Institute (IRRI) in the Philippines contains more than 127,000
rice varieties and accessions from all over the world. These accessions hold a virtually untapped
reservoir of genes/traits that can be used to make rice cultivation more sustainable, with a smaller
environmental footprint. Traits targeted for improvement include higher nutritional quality;
tolerance of pests, diseases, and environmental stresses, such as flood and drought; and reduced
greenhouse gas emissions.
Three research institutions — the Chinese Academy of Agricultural Sciences (CAAS), the Beijing
Genomics Institute (BGI) Shenzhen, and IRRI — collaborated to sequence the genomes of 3,024
rice varieties and lines housed in the IRRI (82%) and the CAAS (18%) genebanks. The
sequencing and initial analysis was funded by grants from the Bill & Melinda Gates Foundation
and the Chinese Ministry of Science and Technology. This dataset contains millions of genomic
sequences from a diverse set of rice varieties that, when combined with phenotyping
http://www.brecorder.com/top-stories/0/1229505/http://www.brecorder.com/top-stories/0/1229505/http://irri.us5.list-manage.com/track/click?u=ba1ae01437529c5e853370545&id=dd0ec33476&e=a7ec67715ahttp://irri.us5.list-manage.com/track/click?u=ba1ae01437529c5e853370545&id=dd0ec33476&e=a7ec67715ahttp://irri.us5.list-manage1.com/track/click?u=ba1ae01437529c5e853370545&id=7e263b1ccd&e=a7ec67715ahttp://irri.us5.list-manage1.com/track/click?u=ba1ae01437529c5e853370545&id=7e263b1ccd&e=a7ec67715ahttp://irri.us5.list-manage1.com/track/click?u=ba1ae01437529c5e853370545&id=7e263b1ccd&e=a7ec67715ahttp://irri.us5.list-manage1.com/track/click?u=ba1ae01437529c5e853370545&id=7e263b1ccd&e=a7ec67715ahttp://irri.us5.list-manage.com/track/click?u=ba1ae01437529c5e853370545&id=dd0ec33476&e=a7ec67715ahttp://www.brecorder.com/top-stories/0/1229505/
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observations, gene expression, and other information, provides an important step in establishing
gene-trait associations, building predictive models, and applying these models to breeding.
Through funding from the Global Rice Science Partnership, the 3,024 genomes were re-analyzed
against five popular varieties that represent the three main subgroups of cultivated rice — indica,
japonica, and aus. This new 3K RGP data analysis set is massive at 120 terabytes, which is well
beyond the computing capacities of most research institutions. However, these new results are
now publicly available online, as an Amazon Web Services (AWS) Public Data Set.
Accessing the data is free (AWS usage fees apply), and use is governed by the stipulations for
data analysts and users from the Toronto Statement. Dr. Rod Wing, director of the Arizona
Genomics Institute at the University of Arizona and a pioneer in rice genome sequencing,
remarked: ―The dataset provides access to millions of genetic markers that can be used to design
sustainable crops for the future, that is, ones that are high-yielding and more nutritious while at
the same time requiring less water, fertilizer, and pesticides.
‖ The great thing about the release of this dataset is that it is immediately useable,‖ said Dr.Kenneth McNally, senior scientist in IRRI‘s T.T. Chang Genetic Resources Center and a projectteam member. ―It comes with tools to help researchers visualize and analyze geneticinformation.‖Data access and analysis tools are being made available for the 3K RGP datasetthrough the International Rice Informatics Consortium (IRIC), which promotes collaboration in bioinformatics analysis of rice data and provides computational tools to facilitate riceimprovement via discovery of new gene-trait associations and accelerated breeding.
One of the tools, the SNP-Seek database, is designed to provide user-friendly access to a type ofgenetic marker called single nucleotide polymorphisms (SNPs) identified from this data. Another
tool in SNP-Seek, the JBrowse genome browser, displays chromosome-specific SNP dataderived from the set.―The 3K RGP dataset is a powerful tool that will unite researchers fromaround the world to help drive the next green revolution,‖ Wing concludes. http://irri.org/news/media-releases/big-data-on-3-000-rice-genomes-available-on-the-aws-cloud
EAC looking into Ugandan VAT on Tanzanian riceBY CORRESPONDENT
22nd September 2015
EAC's Director of Customs and Trade, Peter Kiguta
The East African Community (EAC) Secretariat is investigatingallegations that Uganda charges 18 per cent value added (VAT) on ricefrom Tanzania.EAC‘s Director of Customs and Trade, Peter Kiguta,said they are yet to receive a formal complaint from Tanzanian riceexporters but will still carry out investigations on the matter. ―We havehowever contacted Uganda to give us a feedback on whether they are
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imposing VAT on the rice. If it is established that the VAT imposition is discriminative againstTanzanian rice the relevant provisions of the Customs Union Protocol will be invoked,‖ said MrKiguta in a statement.
If found guilty, Uganda will be penalized accordingly, he noted in the statement responding to
complaints from local rice producers.―And if the VAT is imposed across the board includinglocally produced rice then the national law will be left to apply since there will be nodiscrimination,‖ he noted.The Rice Council of Tanzania (RCT) has been complaining againstdiscrimination by authorities in Burundi, Rwanda and Uganda against local rice exported to thethree EAC countries under provisions of the Customs Union Protocol.RCT Vice Chairman,Carter Coleman, said in a recent statement that local rice exports are still facing tariff barriers inthe three countries as it is charged VAT and sometimes hiked import duty. Mr Coleman, who isalso CEO of Kilombero Plantation Limited, called on the Ugandan authorities to lift thediscriminatory taxes.
―Please get your government to lift the tariff on Tanzania rice as you are bankrupting local
farmers,‖ Coleman said in the statement also addressed to Ambassador Philip Idro, Chairman ofUganda Rice Millers Association.Idro has argued that Uganda and the EAC need to protect theirmarkets as cheap Pakistan rice which enters the bloc‘s through Kenya threatens rice farmers inthe region.―This is important because Africa as a whole wants to make farmers grow more rice,‖he argued recently while lobbying EAC governments to impose a 75 per cent duty on riceimports into the region. Idro also wants Kenya to revoke its agreement with Pakistan whichallows Kenya to import its rice while exporting tea on barter trade terms approved by theEAC.―Kenya should be importing rice from Uganda or Tanzania and not Pakistan,‖ he argued.Kenya imports over $1m worth of rice daily from Pakistan.
SOURCE: THE GUARDIAN
http://www.ippmedia.com/frontend/index.php?l=84566
Scientists develop rice variety with high folate stability This achievement can offer a solution to health problems related to folate deficiency indeveloping countries
GHENT UNIVERSITY
The human body is unable to make vitamin B9, better known as folate. Adults need
approximately 400 microgram of folates per day to remain healthy, a number which is increasedto 600 microgram for pregnant women. Folates are abundant in green leafy vegetables (folium is
Latin for leaf), such as spinach and legumes (e.g. beans). Most staple crops, such as rice and
other cereals, contain very low amounts of this vitamin.Inadequate folate intake can have severe
effects on human health. In addition to certain forms of anemia, folate deficiency in pregnant
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women can result in an impaired development of the neural tube (the precursor of the spinal
cord) of the embryo.
These developmental problems often result in spina bifida: the so-called "cleft spine". Folate
deficiency is also associated with Alzheimer disease, cardio-vascular diseases and the
development of a range of cancers. Due to the marginal levels of folate in rice, consumed by
about half the world population as sole energy source, folate deficiency is highly prevalent in
developing countries. Several studies show that in certain regions of e.g. China and India the
occurrence of neural tube defects is at least 10-fold higher than in Western countries.
Unstable molecules
Vitamins are unstable molecules, that degrade easily upon contact with oxygen, light, humidity,
increased temperatures and changes in acidity. For this reason, it is important to consume food
products, such as vegetables and fruit, as fresh as possible. A lot of vitamins get lost, not only
during food processing and preparation, but also during storage. In biofortified corn, for instance,
provitamin A levels decrease 70% upon six months of storage; vitamin C content in guava nectar
even 89%. Evidently, these problems occur in harvest products that are stored for a longer
period, such as rice grains.
These stability problems become more severe in developing countries where the storage in high
temperature and high humidity is inevitable.In 2007, a research team from Ghent University
(Belgium), coordinated by prof. Dominique Van Der Straeten, reported the development of a
first generation of rice lines with 100-fold higher folate levels as compared to normal rice. This
result was achieved through metabolic engineering, the modulation of the biosynthesis pathway
of a plant compound. Their new study shows that about half of the folate content in these rice
lines degrades after half a year.
Assemblage lines
To tackle this problem, researchers from this lab developed a new rice prototype, in which the
folate content remains stable upon long term storage. Again, metabolic engineering was applied.
Folate is produced in a plant cell by specific enzymes (molecular machines) that add consecutive
changes to a certain start product until a folate molecule is formed. This process is comparable toa car assembly line. By stimulating the production of two enzymes in the folate biosynthesis,
researchers created the first generation of rice lines containing high folate levels.
Two strategies
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Now, they were able to stabilize this high folate content in a new rice prototype. They applied
two strategies. A first strategy comprised the binding of folates with a folate binding protein.
This protein is unknown in plants, but well studied in mammals. It occurs in e.g. milk and
protects folate from degradation. This is also the way intact folates are passed on from the
mother to her infant, to support its development. By expressing a synthetic gene, based on a
folate binding protein from bovine milk, in the rice grain, the same principle is applied and folate
content remains stable upon long term storage.A second strategy consisted of the stimulation of
the last step in folate production. This step extends the tail of the folate molecule.
This promotes cellular retention and binding to folate dependent proteins. Besides enhancing
folate stability, the new gene combinations also resulted in folate levels that are up to 150 fold
those found in normal rice. Since all genes which were used in this study, were placed next to
each other on a single piece of DNA, this piece of genetic material can easily be transferred to
edible rice varieties. Moreover, it is fairly easy to make combinations with other interestingtraits, such as the enhancement of other vitamins or certain minerals, such as iron. This
technology can also be used in other crops, both cereals (e.g. wheat, sorghum) and non-cereals
(e.g. potato, banana).
Collaboration
This investigation is the result of a close collaboration between the labs of prof. Dominique Van
Der Straeten (development and characterization of the new rice prototypes), prof. Willy Lambert
and prof. Christophe Stove (development of analytical methods to measure folates) and dr. Hans
De Steur and prof. Xavier Gellynck (study of the socio-economic impact of folate rice). These
results were published yesterday in the renowned journal Nature Biotechnology(Blancquaert et
al., 2015).
Pioneers
The stability issue is often underestimated or even neglected in biofortification programs. It is
obvious that not only high, but also stable vitamin levels are important to tackle vitamin
deficiencies. Not only does this study describe the effect of long term storage on the folate levels
in the first rice prototypes, it also provides an elegant solution to the stability problem. Thissolution can be applied, in a customized form, to other crops and vitamins and opens the door for
awareness and consideration of vitamin stability in future biofortification studies.
###
Article
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BLANCQUAERT, D., VAN DAELE, J., STROBBE, S., KIEKENS, F., STOROZHENKO, S.,
DE STEUR, H., GELLYNCK, X., LAMBERT, W., STOVE, C. and VAN DER STRAETEN, D.
Improving folate (vitamin B9) stability in biofortified rice through metabolic engineering. Nature
Biotechnology (2015) doi: 10.1038/nbt.3358.
Info
Prof. Dominique Van Der Straeten and Dr. Dieter Blancquaert
Laboratory of Functional Plant Biology
Tel. 09 264 51 85 (Van Der Straeten) en 09 264 87 87 (Blancquaert)
http://www.eurekalert.org/pub_releases/2015-09/gu-sdr092215.php
Centre raises rabi crop production target to 133 mt
TOMOJIT BASU
NEW DELHI, SEPT 22:
The Centre on Tuesday said that production of Rabi crops will be about 1.6 per cent higher at132.78 million tonnes (mt) in 2015-16 compared with 130.75 mt produced last crop year (July-June).Speaking on the sidelines of the ‗Rabi Conference‘ here on Tuesday, Agriculture Minister
mailto:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]:[email protected]
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Radha Mohan Singh said his Ministry was confident that there will be no shortfall in Rabioutput.
Soil moisture improves
The winter cropping season accounts for 51 per cent of total foodgrain production in India.―Therainfall deficit is currently at 14 per cent, which is worse than last year. However, the overallcrop area during the Kharif season is higher than last year. We have also had good rain over the past few days and this will improve soil moisture for Rabi crops,‖ said Singh.
Rainfall deficit
According to the India Meteorological Department data, the rainfall deficit between June 1 andSeptember 21 stood at 14 per cent due to successive shortfalls in July and August after an excessin June.Rainfall has been steady in the first three weeks of September, first in the South
Peninsula, which had been the most deprived of precipitation through the monsoon, and thenCentral and North India.
Duty on pulses
―Crop coverage under Kharif cereals as on September is 54.94 million hectares, more than thenormal for the corresponding week of 2014-15,‖ said Singh. He added that the Ministry has proposed an import duty on pulses for Indian farmers to receive remunerative prices.There is noimport duty on pulses at present and officials said that a 10 per cent duty had beensuggested.―We will procure pulses the same way rice and wheat are lifted,‖ Singh said.The Ministry is targeting 4 per cent growth in agriculture and allied sectors this fiscal, after recording
just 0.2 per cent growth in the category last year.
(This article was published on September 22, 2015)
The Hindu
Arkansas Industry Celebrates National Rice Month with Donation to
Arkansas Rice Depot
LITTLE ROCK, AR -- Arkansas is the number one rice-producing state in the nation andcelebrates that fact in a big way each September in honor of National Rice Month. On Monday,
Governor Asa Hutchinson presided over a signing ceremony at the State Capitol officially proclaiming September as Rice Month. To mark the occasion, the Arkansas rice industrydonated 110,100 pounds of rice to the Arkansas Rice Depot providing 1.1 million servings ofrice for hungry Arkansas families.
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The Arkansas Rice Depot, a statewide food bank, works with 600 Arkansas hunger relief programs including food pantries, school food programs, disaster relief organizations, and astatewide hunger hotline to help feed hungry families across the state. Participating rice millswere Cormier Rice Mill of DeWitt, Windmill Rice Company of Jonesboro, Riceland Foods, Inc.of Stuttgart, Producers Rice Mill of Stuttgart, Riviana Foods of Carlisle, and Specialty Rice, Inc.of Brinkley.
"Ths year, Arkansas family farmers will produce over 50 percent of the nation's rice for the firsttime in history," said Arkansas Rice Council President Steve Orlicek. "The Arkansas riceindustry proudly contributes over $6 billion annually to the state's economy and employs nearly
25,000 Arkansans."
Contact: Chuck Wilson (870) 673-7541
Japan readies rice quota offers for final tariff talks
Rice imports have been a sticking point in Japan-U.S. talks.TOKYO -- The Japanese government
is preparing for the final stages of negotiations on duties on agricultural and automotive products
as it gauges prospects for progress at the 12-party talks at the end of this month. The U.S.,
Japan, Canada and Mexico began talks Monday in San Francisco on rules for reducedautomotive tariffs. Washington and Tokyo are still at odds with Mexico over the percentage of
TPP-produced parts a car would need to qualify for lower duties.
Autoparts, along with pharmaceuticals and dairy products, are among the points of contention
that prevented an agreement at a broader ministerial-level meeting held in Hawaii in late July.
That led Tokyo and Washington to put off negotiations on rice and other issues. Japanese
Economic and Fiscal Policy Minister Akira Amari and U.S. Trade Representative Michael
mailto:[email protected]:[email protected]:[email protected]
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Froman will enter into talks if the 12 TPP participants look likely to reach a deal at the cabinet-
level meeting starting Sept. 30 in Atlanta.
Japan plans to propose maintaining the current tariff of 341 yen ($2.82) per kilogram on
imported rice while allowing 50,000 tons a year of American rice to be brought in duty-free
when the TPP takes effect. That ceiling would be raised by 2,000 tons each year starting in theagreement's fourth year to a maximum of 70,000 tons. Japan would not have to fully satisfy the
import quota. Whether the proposal will be enough to break down U.S. resistance is uncertain,
given that American rice producers want Japan to open its doors wider.
Tokyo hopes to strike a deal
with Canberra on an 8,400-ton
cap, equivalent to 12% of the
proposed U.S. figure. Talks
have effectively wrapped up for
some key product categories for
Japan, including beef, pork and
wheat. The duty on beef will drop
from 38.5% to 27.5%, then to
15% a decade after the agreement
takes effect and 9% after 15 years.
The tariff on cheap cuts of pork will be gradually reduced from 482 yen per kilogram now to 50
yen in 10 years. The current 4.3% duty on pricier cuts will be lowered to 2.2% immediately, then
eliminated altogether in a decade. For wheat, the tariff itself will be kept, but the government's
markup on imported wheat sold wholesale will be cut 45%.okyo is offering low-tariff imports of
dairy products from New Zealand, Australia and the U.S. equivalent to a combined 70,000 tons
of raw milk. But New Zealand is standing firm on its demands for greater access. Meanwhile,
Japan wants the U.S. to open up its automotive market. The two sides are leaning toward an
agreement under which the U.S. would remove its 2.5% autoparts tariff for more than 50% of
product categories, though final adjustments are still needed.
(Nikkei)
http://asia.nikkei.com/Politics-Economy/International-Relations/Japan-readies-rice-quota-offers-for-final-tariff-talks
How should rice production be reformed?The Vietnam Food Association (VFA) works as a goods management agency primarily based onadministrative measures. This sometimes distorts the rice market. VietNamNet continues its talk
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with Dr. Nguyen Do Anh Tuan, Director of the Institute for Policy and Strategy for Agriculture
and Rural Development (IPSARD). Q: Many suggested that the Vietnam Food Associati on is an obstacle to a healthy, competi tive
r ice market. What is your opinion about this? Vietnam rice loses to Thailand and Cambodia
VFA is an association organized in the form of cross-linking model, gathering rice processingand exporting businesses. VFA has great power and influence on rice trading and exporting businesses while rice is considered the top export item of Vietnam. Up to 98% of the total exportvalue of rice is contributed by members of VFA. This association is directly assigned by theGovernment to implement the national policy to ensure food security.
The VFA is granted a lot of power in management of rice exports in Vietnam, shown in Decree109/2010/ND-CP of the Government dated 4/11/2010 on rice export business.Under this decree,VFA holds an important executive role supervising the registration of export contracts of businesses. It has the right to allocate 80% of the volume of export rice under government-to-
government contracts among its members, publish the floor export price as the basis ofnegotiations and signing of rice exporting contracts, and monitor progress and update thestatistics of related ministries.
In addition, VFA also is involved in the implementation of purchasing rice for temporary stockwhenever this measure is applied. Thus, VFA operates as a goods management agency, mainly based on administrative measures.This sometimes distorts the rice market of Vietnam.
http://english.vietnamnet.vn/fms/special-reports/141623/vietnam-rice-loses-to-thailand-and-cambodia.htmlhttp://english.vietnamnet.vn/fms/special-reports/141623/vietnam-rice-loses-to-thailand-and-cambodia.htmlhttp://english.vietnamnet.vn/fms/special-reports/141623/vietnam-rice-loses-to-thailand-and-cambodia.html
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Meanwhile, VFA has ignored some roles that goods management associations have to do, suchas building rice development strategy, building and promoting rice brands, developing andstabilizing domestic supply, and expanding membership vertically to connect cooperation anddevelopment...Besides, members of the VFA are only large enterprises and they do not represent all production
and business factors in the rice value chain, such as representatives of rice producing localities,small businesses, farmers and cooperatives.
Q: There are opin ions that we shou ld distinguish between commercial r ice and reserved ri ce
(food secur ity), and that State-owned food companies li ke Vinafood need to focus on ri ce
coordination and hoarding, not perf orm export activiti es. What is your opinion?
Currently Vinafood mainly focuses on the export of rice under government contracts. The maincustomers of government contracts are the traditional export markets of Vietnam as thePhilippines and Indonesia. These customers are mainly interested in cheap price, and are notdemanding in terms of rice quality.Therefore, Vinafood pays attention to commercial
relationships, not connections to develop material areas, and to improving the quality of ricevarieties and sharing benefits with farmers.
Regarding the temporary storage of rice policy, businesses that are allocated to purchase rice fortemporary storage mainly buy rice through traders. Thus, the beneficiaries are not the farmers,and in many cases not the rice businesses, but traders who bought rice cheap and sold it at high prices.Moreover, the state grants interest rate support for businesses to purchase rice fortemporary storage in a period of three months, but the purchase price is still completelydependent on the ability to sign export contracts of rice exporters.
In fact, surveys show that the increase is unstable due to limited output, especially at a time of
low rice export prices. Businesses are even afraid of getting losses if they purchase rice fortemporary storage at high prices and export prices do not increase again. Therefore, the effect ofthe temporary storage policy is still low.To support the implementation of restructuring of the rice sector, it is needed to distinguish andseparate the commercial objectives and functions from the social goal and function of Vinafood.There is evidence that if these two objectives are combined, both the public policy objectives andaspirations of the private sector will not be achieved. Thus, Vinafood needs to be reformed intwo directions: (i) privatizing the commercial activities to operate as other private companies;(Ii) separating the function of rice storage for the country.
Q: I n your opinion, the monopoly role of Vinafood 1 and Vinafood 2 on the ri ce purchasing
market is justif ied? Do they need inf luence to create competi tion between them and to givemore opportun iti es for farmers?
There are many businesses, both state-owned and private, that purchase and export rice. In 2011the Ministry of Industry and Trade approved a list of more than 140 entrepreneurs eligible fortrading and exporting rice.In terms of institutions, the State does not encourage monopolies in
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rice business but in reality it depends on many factors like financial capacity, technicalcompetence, business experience, etc ... which can create the dominance of some businesses.Thus the opportunities of entrepreneurship or farmers here is the chance to participate more ingovernment-to-government contracts. Currently, under Decree 109, businesses signing riceexporting contract are allowed to directly export 20% of the contract value and the rest (80%) is
allocated by the VFA to other businesses.
Such distribution rights still exist, not operating under market mechanisms, so Vietnam shouldapply the form of competitive bidding in this stage to create conditions for fair competition between businesses so farmers can benefit more.
Q: Does the State needs nati onal marketing policies for Vietnamese r ice brands or shoul d the
market decide?
On 21/5/2015, the Prime Minister issued Decision 706/QD-TTg approving a project to developVietnam rice brands to 2020 with a vision to 2030. The decision defines the role of the state of
organizing and supporting the implementation of promotional activities, introducing Vietnameserice brands at home and abroad,and issuing policies to help organizations and individuals(businesses, associations, producers ...) to expand production, broaden markets, enhance value,competitiveness, reputation and market share of Vietnam's rice on the world market.Businesses play a key role in the construction, use and development of the rice brands of Vietnam throughdevelopment of rice products and management of production, processing, developing the market,and participating in global value chains.
Hoang Huong
http://english.vietnamnet.vn/fms/special-reports/141625/how-should-rice-production-be-reformed-.html
After Beef Fiasco, Government Flip-Flops on Rice Imports
Jakarta. The Indonesian government has flip-flopped on earlier statements that it will not import
any rice this year, with Vice President Jusuf Kalla saying on Tuesday that imports would be
permitted if necessary.The government‘s latest estimate for demand for rice this year is 31.9
million tons, while the Agriculture Ministry claims domestic production will top 42.5 million
tons.Kalla, however, warned that with an unseasonably long and harsh dry season looming as a
result of the El Niño weather phenomenon, yields could fall far short of expectations.―The option
for importing rice for domestic consumption must be open, considering the El Niño phenomenon
that is likely to cause drought, leading to harvest failure,‖ he said.
He also dismissed as ―overly optimistic‖ the estimates by the Agriculture Ministry and the
Central Statistics Agency (BPS) of a rice surplus of more than 10 million tons this year, saying
the figures need to be recalculated to take into account the real situation on the ground.
http://english.vietnamnet.vn/fms/special-reports/141625/how-should-rice-production-be-reformed-.htmlhttp://english.vietnamnet.vn/fms/special-reports/141625/how-should-rice-production-be-reformed-.htmlhttp://english.vietnamnet.vn/fms/special-reports/141625/how-should-rice-production-be-reformed-.html
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―Those numbers, especially the estimate from BPS must be re-evaluated,‖ Kalla said, adding the
government did not want to risk a shortage that would force prices of the food staple up.resident
Joko Widodo previously declared that there would be no rice imports this year, as part of his
wider plan for Indonesia to be self-sufficient in food production.
A similarly rosy outlook on beef supplies led then-trade minister Rachmat Gobel to slash
quarterly cattle imports by more than 80 percent, prompting an acute shortage and subsequent
price spike that drew public protests.Gobel was later replaced in a cabinet reshuffle, and his
successor, Thomas Lembong, immediately restored the cattle import quota.Dwi Andreas
Santosa, a professor at the Bogor Institute of Agriculture (IPB), said the domestic rice supply
was at ―a critical condition.‖
―If the government doesn‘t make the right move then there will be a quite serious food crisis by
the end of this year,‖ he said.He added that Indonesia ideally needed to import at least a million
ton of rice to boost domestic stock.The government has not said how much rice it plans to importthis year.
http://jakartaglobe.beritasatu.com/business/beef-fiasco-government-flip-flops-rice-imports/ CME
Group/Closing Rough Rice Futures
CME Group (Prelim): Closing Rough Rice Futures for September 22
Month Price Net Change
November 2015 $12.745 - $0.060
January 2016 $13.030 - $0.060
March 2016 $13.245 - $0.065
May 2016 $13.435 - $0.060
July 2016 $13.590 - $0.070
September 2016 $12.845 - $0.060
November 2016 $12.845 - $0.060
http://jakartaglobe.beritasatu.com/business/beef-fiasco-government-flip-flops-rice-imports/http://jakartaglobe.beritasatu.com/business/beef-fiasco-government-flip-flops-rice-imports/http://r20.rs6.net/tn.jsp?f=001X1KFzhjw8B6OQDVhSas7Wv5bkIGGNKYGEurdEhKQ7qLCgmbt4LYQ-6uLkopyQmM0cDL54roWlMGsnbVkdza55e4Ja5XZuODuYA1sDsUns9SQEQcwQAI0MOliMT1twGyslEEQIjuJrg1FqsEHF-QF6AF7g_YV_ygKUdUuykEruavYZBhmYSjc0M97rPv0AGD8DyU9Bxto-DwoPO7qVjN_KQ89q1FCNUJGg2ky91oKeW1M9zIO6-bF_G9cTTzyeO3vgIZoGMhKwn41HqiIW8B_VLjTpuRGlasI2DrGipfSqo5Nr5XzCCgSvMGjDRYHUt-N7v7LmenL39OaL4cf2ez4R6BWcB3wFAGNvH7P2szc4PeaM7yPz0yl05LkywzDWzm1W0dsNYUkAU5MQi0O9i58SeduTqLEmirnaYk_ZXkno5YcqI_iV_T974g5MDhrMCvTSo8e_2zH-_TXUmjzPET1a9g2OdW6UX1-&c=QZUGGP4w7AVcPYJqlBTrvAjcDQhJY1WPACm4KXUBBtIqwMxVCd_1uw==&ch=ZqGBcNzlqTlwI5we0QsD51xF6dZs9XNMxFqhcwVCN1jRBw92rwf0HQ==http://r20.rs6.net/tn.jsp?f=001X1KFzhjw8B6OQDVhSas7Wv5bkIGGNKYGEurdEhKQ7qLCgmbt4LYQ-6uLkopyQmM0cDL54roWlMGsnbVkdza55e4Ja5XZuODuYA1sDsUns9SQEQcwQAI0MOliMT1twGyslEEQIjuJrg1FqsEHF-QF6AF7g_YV_ygKUdUuykEruavYZBhmYSjc0M97rPv0AGD8DyU9Bxto-DwoPO7qVjN_KQ89q1FCNUJGg2ky91oKeW1M9zIO6-bF_G9cTTzyeO3vgIZoGMhKwn41HqiIW8B_VLjTpuRGlasI2DrGipfSqo5Nr5XzCCgSvMGjDRYHUt-N7v7LmenL39OaL4cf2ez4R6BWcB3wFAGNvH7P2szc4PeaM7yPz0yl05LkywzDWzm1W0dsNYUkAU5MQi0O9i58SeduTqLEmirnaYk_ZXkno5YcqI_iV_T974g5MDhrMCvTSo8e_2zH-_TXUmjzPET1a9g2OdW6UX1-&c=QZUGGP4w7AVcPYJqlBTrvAjcDQhJY1WPACm4KXUBBtIqwMxVCd_1uw==&ch=ZqGBcNzlqTlwI5we0QsD51xF6dZs9XNMxFqhcwVCN1jRBw92rwf0HQ==http://r20.rs6.net/tn.jsp?f=001X1KFzhjw8B6OQDVhSas7Wv5bkIGGNKYGEurdEhKQ7qLCgmbt4LYQ-6uLkopyQmM0cDL54roWlMGsnbVkdza55e4Ja5XZuODuYA1sDsUns9SQEQcwQAI0MOliMT1twGyslEEQIjuJrg1FqsEHF-QF6AF7g_YV_ygKUdUuykEruavYZBhmYSjc0M97rPv0AGD8DyU9Bxto-DwoPO7qVjN_KQ89q1FCNUJGg2ky91oKeW1M9zIO6-bF_G9cTTzyeO3vgIZoGMhKwn41HqiIW8B_VLjTpuRGlasI2DrGipfSqo5Nr5XzCCgSvMGjDRYHUt-N7v7LmenL39OaL4cf2ez4R6BWcB3wFAGNvH7P2szc4PeaM7yPz0yl05LkywzDWzm1W0dsNYUkAU5MQi0O9i58SeduTqLEmirnaYk_ZXkno5YcqI_iV_T974g5MDhrMCvTSo8e_2zH-_TXUmjzPET1a9g2OdW6UX1-&c=QZUGGP4w7AVcPYJqlBTrvAjcDQhJY1WPACm4KXUBBtIqwMxVCd_1uw==&ch=ZqGBcNzlqTlwI5we0QsD51xF6dZs9XNMxFqhcwVCN1jRBw92rwf0HQ==http://r20.rs6.net/tn.jsp?f=001X1KFzhjw8B6OQDVhSas7Wv5bkIGGNKYGEurdEhKQ7qLCgmbt4LYQ-6uLkopyQmM0cDL54roWlMGsnbVkdza55e4Ja5XZuODuYA1sDsUns9SQEQcwQAI0MOliMT1twGyslEEQIjuJrg1FqsEHF-QF6AF7g_YV_ygKUdUuykEruavYZBhmYSjc0M97rPv0AGD8DyU9Bxto-DwoPO7qVjN_KQ89q1FCNUJGg2ky91oKeW1M9zIO6-bF_G9cTTzyeO3vgIZoGMhKwn41HqiIW8B_VLjTpuRGlasI2DrGipfSqo5Nr5XzCCgSvMGjDRYHUt-N7v7LmenL39OaL4cf2ez4R6BWcB3wFAGNvH7P2szc4PeaM7yPz0yl05LkywzDWzm1W0dsNYUkAU5MQi0O9i58SeduTqLEmirnaYk_ZXkno5YcqI_iV_T974g5MDhrMCvTSo8e_2zH-_TXUmjzPET1a9g2OdW6UX1-&c=QZUGGP4w7AVcPYJqlBTrvAjcDQhJY1WPACm4KXUBBtIqwMxVCd_1uw==&ch=ZqGBcNzlqTlwI5we0QsD51xF6dZs9XNMxFqhcwVCN1jRBw92rwf0HQ==http://jakartaglobe.beritasatu.com/business/beef-fiasco-government-flip-flops-rice-imports/
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Excited about Cuba trip, Hutchinson tells rice growers
.
Gov. Asa Hutchinson speaks to representatives of Arkansas' rice industry at the state Capitol onMonday, Sept. 21, 2015, during a ceremony in which he proclaimed September as Rice Month.
Hutchinson told the group he sees new opportunities for increased trade with Cuba and will
promote rice and other agricultural products on a trade mission to the island nation later this
month. (John Lyon photo)
By John Lyon
Arkansas News Bureau
LITTLE ROCK — Gov. Asa Hutchinson on Monday told representatives of the state‘s rice
industry he is excited about his upcoming trade mission to Cuba and hopeful that Arkansas
farmers will have new opportunities to export rice to the island nation.Also Monday, Hutchinson
issued a proclamation of Arkansas‘ participation this month in National Rice Month, and
Arkansas rice growers marked the event by donating more than 110,000 pounds of rice to the
Arkansas Rice Depot to feed hungry families in the state.During a proclamation ceremony at the
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state Capitol, Hutchinson, who will visit Cuba next week, told rice growers that politics have
limited trade with Cuba in the past, but ―I think all of that‘s changing.
‖President Barack Obama announced in December that the U.S. and Cuba would normalize
diplomatic relations. The two countries re-opened embassies on each other‘s soil this summer for
the first time in 54 years.Hutchinson said Monday that financing is currently the biggest barrier
to U.S.-Cuban agricultural tr ade.―Right now we can sell rice, but they don‘t have cash to pay for
it,‖ he said, referencing the fact that U.S. exporters are prohibited by the rules of the trade
embargo from extending credit to Cuban buyers, but Brazilian exporters are not.The ―first step‖
to increasing trade is making financing possible, the governor said.
―I think there‘s really some opportunity there,‖ he said, adding that he is excited to visit Cuba
next week.Former Gov. Mike Beebe also advocated increased trade with Cuba and visited the
country in 2009.Monday‘s donation to the Arkansas Rice Foundation will provide 1.1 million
servings of rice to needy families in the state. The participating rice mills are Cormier Rice Mill
of DeWitt, Windmill Rice of Jonesboro, Riceland Foods of Stuttgart, Producers Rice Mill of
Stuttgart, Riviana Foods of Carlisle and Specialty Rice of Brinkley.
―The Arkansas rice industry is pleased to partner with the Arkansas Rice Depot to fight hunger in
Arkansas,‖ Arkansas Rice Council President Steve Orlicek said in a statement. ―We are proud to
produce a quality food supply in our own backyards that can be used to help feed our neighbors
and hungry families across the state.‖Arkansas Rice Depot President and CEO Kim Aaron said,
―I can‘t express how grateful we are for the Arkansas rice industry‘s generous donation. Rice is
such a staple across the globe, but we are fortunate to have local growers to donate such a
versatile product for us to put into backpacks and pantries.
‖The Arkansas Rice Depot is a statewide food bank that works with 600 Arkansas hunger relief
programs including food pantries, school food programs, disaster relief organizations and a
statewide hunger hot line.Arkansas is the top rice-producing state in the nation. The rice industry
contributes more than $6 billion annually to the state‘s economy and employs nearly 25,000
Arkansans, according to the Arkansas Rice Federation.This year, Arkansas farmers will produce
more than 50 percent of the nation‘s rice for the first time in history, the federation said
http://arkansasnews.com/news/arkansas/excited-about-cuba-trip-hutchinson-tells-rice-growers#sthash.JqGmVhEq.dpuf
Arkansas Farm Bureau Daily Commodity Report A comprehensive daily commodity market report for Arkansas agricultural commodities with
cash markets, futures and insightful analysis and commentary from Arkansas Farm Bureau
commodity analysts.
http://arkansasnews.com/news/arkansas/excited-about-cuba-trip-hutchinson-tells-rice-growers#sthash.JqGmVhEq.dpufhttp://arkansasnews.com/news/arkansas/excited-about-cuba-trip-hutchinson-tells-rice-growers#sthash.JqGmVhEq.dpufhttp://arkansasnews.com/news/arkansas/excited-about-cuba-trip-hutchinson-tells-rice-growers#sthash.JqGmVhEq.dpuf
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Noteworthy benchmark price levels of interest to farmers and ranchers, as well as long-term
commodity market trends which are developing. Daily fundamental market influences and
technical factors are noted and discussed.
Soybeans
High Low
Cash Bids 904 818
New Crop 893 824
Riceland Foods
Cash Bids Stuttgart: - - - Pendleton: - - -
New Crop Stuttgart: - - - Pendleton: - - -
Futures: High Low Last Change
Nov '15 873.50 861.00 861.75 -12.50
Jan '16 878.00 866.00 866.50 -12.25
Mar '16 882.00 870.50 871.00 -11.25
May '16 884.50 873.75 874.25 -10.75
Jul '16 890.50 878.75 879.25 -10.50
Aug '16 889.25 878.25 878.75 -10.25
Sep '16 874.25 872.50 871.00 -9.75
Nov '16 878.00 867.75 868.25 -9.75
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Jan '17 877.00 875.00 874.50 -9.25
Arkansas Daily Grain Report
FOB Memphis Elevator Crops
Soybean Comment
Soybeans closed lower today as yesterdays stronger exports were not enough to sustain gains.
The outlook for this year continues to point towards large soybean supplies both here in the U.S.
and in South America. While exports have picked up recently they remain well below their
normal pace which will be a negative for prices until such time sales pick up.
Wheat
High Low
Cash Bids -- --
New Crop 504 479
Futures: High Low Last Change
Dec '15 496.75 488.25 495.50 -1.25
Mar '16 503.75 496.00 502.75 -1.25
May '16 521.25 501.25 507.50 -1.25
Jul '16 512.00 504.75 511.50 -1.25
Sep '16 520.00 514.50 520.00 -1.25
Dec '16 534.50 527.25 534.00 -0.50
Mar '17 544.50 -0.25
http://www.ams.usda.gov/mnreports/lr_gr111.txthttp://www.ams.usda.gov/mnreports/lr_gr111.txthttp://www.ams.usda.gov/mnreports/lr_gr110.txthttp://www.ams.usda.gov/mnreports/lr_gr110.txthttp://www.ams.usda.gov/mnreports/lr_gr110.txthttp://www.ams.usda.gov/mnreports/lr_gr111.txt
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May '17 543.25 -0.25
Jul '17 525.00 525.00 524.75 -0.25
Arkansas Daily Grain Report
FOB Memphis Elevator Crops
Wheat Comment
Wheat prices were lower today; however prices were able to close well off the daily low. Prices
continue to trend lower as slow demand remains a drag on prices.
Grain Sorghum
High Low
Cash Bids 395 353
New Crop 395 370
Arkansas Daily Grain Report
FOB Memphis Elevator Crops
Corn
High Low
Cash Bids 394 335
New Crop 370 345
http://www.ams.usda.gov/mnreports/lr_gr111.txthttp://www.ams.usda.gov/mnreports/lr_gr111.txthttp://www.ams.usda.gov/mnreports/lr_gr110.txthttp://www.ams.usda.gov/mnreports/lr_gr110.txthttp://www.ams.usda.gov/mnreports/lr_gr111.txthttp://www.ams.usda.gov/mnreports/lr_gr111.txthttp://www.ams.usda.gov/mnreports/lr_gr110.txthttp://www.ams.usda.gov/mnreports/lr_gr110.txthttp://www.ams.usda.gov/mnreports/lr_gr110.txthttp://www.ams.usda.gov/mnreports/lr_gr111.txthttp://www.ams.usda.gov/mnreports/lr_gr110.txthttp://www.ams.usda.gov/mnreports/lr_gr111.txt
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Futures: High Low Last Change
Dec '15 384.50 377.25 380.50 -4.00
Mar '16 395.75 388.75 392.25 -3.75
May '16 403.50 396.25 399.50 -4.00
Jul '16 408.25 401.50 404.75 -4.25
Sep '16 402.50 396.50 398.75 -5.00
Dec '16 409.00 402.50 404.75 -4.75
Mar '17 416.00 414.25 414.75 -4.75
May '17 418.50 418.25 420.75 -4.75
Jul '17 425.00 424.00 424.50 -4.75
Arkansas Daily Grain Report
FOB Memphis Elevator Crops
Corn Comment
Corn prices closed lower today as the market again came under harvest pressure. There remains
uncertainty surrounding the size of this year‘s crop and while positive demand news yesterday
supported prices it was not enough to sustain gains. Corn remains near support at $3.80 and well
off of contract lows near $3.57. The upside remains limited as both supply and demand remain
uncertain.
Cotton
Futures: High Low Last Change
Oct '15 60.68 58.57 58.73 -1.02
http://www.ams.usda.gov/mnreports/lr_gr111.txthttp://www.ams.usda.gov/mnreports/lr_gr111.txthttp://www.ams.usda.gov/mnreports/lr_gr110.txthttp://www.ams.usda.gov/mnreports/lr_gr110.txthttp://www.ams.usda.gov/mnreports/lr_gr110.txthttp://www.ams.usda.gov/mnreports/lr_gr111.txt
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Dec '15 60.87 59.86 60 -0.79
Mar '16 60.65 59.76 59.89 -0.74
Memphis, TN Cotton and Tobacco Programs
Cotton Comment
Cotton futures posted their third new contract low in a row today. General economic concerns
and harvest pressure continue to weigh on prices. With the ending stocks estimate continuing to
climb thanks to higher production, weaker demand will only make the balance sheet worse for
cotton prices. December is testing the water at 60 cents.
Rice
High Low
Long Grain Cash Bids - - - - - -
Long Grain New Crop - - - - - -
Futures: High Low Last Change
Nov '15 1285.0 1269.0 1274.5 -6.0
Jan '16 1312.5 1297.0 1303.0 -6.0
Mar '16 1325.5 1325.5 1324.5 -6.5
May '16 1343.5 -6.0
Jul '16 1359.0 -7.0
Sep '16 1284.5 -6.0
Nov '16 1284.5 -6.0
http://www.ams.usda.gov/mnreports/mp_cn002.txthttp://www.ams.usda.gov/mnreports/mp_cn002.txthttp://www.ams.usda.gov/mnreports/mp_cn002.txt
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Rice Comment
Rice futures were lower again today and futures are testing the steep uptrend of the past few
weeks. The trendline for November is currently at $12.73, just below the day's low. Reports of
disappointing yields across the south coupled with smaller acreage has fueled the recent rally. November continues to have resistance at $13, while January has resistance at $13.34.
Cattle
Futures:
Live Cattle: High Low Last Change
Oct '15 137.400 135.375 135.475 -1.525
Dec '15 140.325 138.100 138.225 -1.525
Feb '16 140.950 138.750 138.900 -1.450
Apr '16 139.600 137.525 137.575 -1.425
Jun '16 130.900 129.000 129.100 -1.375
Aug '16 128.875 127.125 127.125 -1.350
Oct '16 131.600 129.750 129.750 -1.575
Dec '16 132.275 131.200 131.200 -1.475
Feb '17 131.125 131.025 131.025 -1.350
Feeders: High Low Last Change
Sep '15 197.375 195.075 195.675 +0.975
Oct '15 188.675 186.400 186.725 -0.950
Nov '15 185.975 183.525 183.700 -1.350
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Jan '16 180.225 177.750 178.025 -1.225
Mar '16 178.000 175.575 175.625 -1.400
Apr '16 178.375 176.125 176.125 -1.250
May '16 177.900 175.650 177.375 +0.375
Aug '16 178.525 176.650 176.775 -1.225
Arkansas Prices
Ft. Smith Livestock Auction
Heber Springs Livestock Auction
Oklahoma City
Oklahoma City - Feeder Cattle Auction Weighted Average Report
Cattle Comment
Cattle prices closed lower today ending hopes of sustained follow through from Friday‘s USDA
report. Weakness in outside markets combined with a stronger dollar continues to fuel concerns
over demand for beef products.
Hogs
Futures: High Low Last Change
Oct