28th january,2016 daily global regional,local rice e_newsletter by riceplus magazine
TRANSCRIPT
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January 28,2016 Vol 6 Issue
www.ricepluss.com [email protected] 92 321 36
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Rice exporters pessimistic about market prospects
Rice self-sufficiency tack was a mistake – Neda
Experts for more aromatic rice cultivation Financing for Cuba Trade OK'd, Ag Left Out
OU biology research helps protect world‘s food supply
Water likely for rice crop this year
Will Vietnam have to compete with Lao rice in China?
News in numbers | India becomes world‘s largest rice exporter, as Thailand declines
Quick. Healthy. Here.
NFA may delay 400K MT rice import
APEDA RICE COMMODITY NEWS
01/28/2016 Farm Bureau Market Report
Rice Prices
Editorial Board
Chief Editor
Hamlik
Managing Editor
Abdul Sattar Shah
Rahmat Ullah
Rozeen Shaukat
English Editor
Maryam Editor
Legal Advisor
Advocate Zaheer Minha
Editorial Associates
Admiral (R) Hamid Kh
Javed Islam Agha
Ch.Hamid Malhi
Dr.Akhtar Hussain
Dr.Fayyaz Ahmad Sidd
Dr.Abdul Rasheed (UA
Islam Akhtar Khan
Editorial Advisory Board
Dr.Malik Mohammad
HashimAssistant Professor, Goma
University DIK
Dr.Hasina GulAssistant Director, Agriculture KP
Dr.Hidayat UllahAssistant Professor, Unive
of Swabi
Dr.Abdul BasirAssistant Professor, Unive
of Swabi
Zahid MehmoodPSO,NIFA Peshawar
Falak Naz ShahHead Food Science &
Technology ART, Peshawar
Today Rice News Headlines...
News Detail...
Rice exporters pessimistic about
market prospects
28 Jan 2016 at 08:11
Rice exports are expected to have another difficult year as the world marketis likely to be volatile amid foreign exchange and oil price risks, accordingto exporters.Charoen Laothammatas, president of the Thai Rice ExportersAssociation, said the association projected shipments would slip to 9million tonnes this year worth about US$4.3 billion.Last year Thailandexported 9.79 million tonnes, down 10.8% from 10.97 million tonnes in2014. Export value also dropped by 15.2% to $4.61 billion from $5.43 billion.Thailand shipped 1.2 million tonnes of in December, a fall of 17.5%from the same month last year. Export value dropped 22.5% to $536
million.Thailand was the second-largest rice exporter last year. India led theway with 10.2 million tonnes, down 5.3%, while Vietnam was third aftershipping 6.61 million tonnes, up 2.4%.
"This year will be another year of much uncertainty, not only because oflow oil prices that affect the purchasing power of our clients in the MiddleEast and Africa but also because of volatile foreign exchange and droughtconditions that are expected to trim milled rice production by 4-5 milliontonnes," Mr Charoen said.He said the global rice market was expected tosee stiffer competition thanks to widespread drought.
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"We believe Thai rice prices have bottomed out and should pick up after now being quoted atonly $360-$365 a tonne, the lowest in 10 years," Mr Charoen said.
Thai rice prices averaged $471 per tonne last year.Chookiat Ophaswongse, an honorary president
of the association, said white rice was expected to account for 4.9 million tonnes of this year'sexports, down from 5.26 million in 2015.Vietnam, which will be less affected by drought because its rice fields are along river basins, will export more white rice. Drought conditions willalso trim Thailand's opportunity to ship new grains.Shipments of Thai Hom Mali fragrant riceare expected to fall to 1.8 million tonnes this year from 1.99 million in 2015 because demand for premium rice in the world market is expected to fall given the global economic slowdown.
Mr Chookiat said parboiled rice shipments were also expected to fall to 2.2 million tonnes thisyear from 2.32 million last year because the economies of African countries remained in poorcondition, while more African consumers were buying cheaper parboiled rice from India.VichaiSriprasert, another honorary president, said rice exporters were worried about the impact of
falling oil prices on the African market, particularly Nigeria.Nigeria normally buys about 3million tonnes of Thai rice, but last year it imported only 644,000 tonnes.
http://www.bangkokpost.com/business/news/842220/rice-exporters-pessimistic-about-market-prospects
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Rice self-sufficiency tack was a mistake – Neda by BusinessMirror - January 28, 2016
By Cai U. Ordinario & Mary Grace PadinThe Aquino administration committed a mistake in gunning for rice self-sufficiency as it provedto be too costly, the National Economic and Development Authority (Neda) said onThursday.Outgoing Economic Planning Secretary Arsenio M. Balisacan said the government‘sself-sufficiency policy even contributed to the increase in poverty incidence in 2014.―We mighthave to revisit our self-sufficiency paradigm. As we have seen in some cases, it has been verycostly. For example, in the case of rice in 2013-2014, when domestic prices shot up as global prices were declining, our poverty incidence rose rather than declined even as the economy grewfaster,‖ Balisacan said.Studies including those made by Philippine Institute for DevelopmentStudies research fellow Roehlano Briones said the government‘s resources were largely focusedon rice, a water-loving crop and the country‘s food staple.
Briones said the government‘s rice spending reached P37.44 billion in 2012, almost half of thegovernment‘s total agriculture spending for that year. Data showed the government spent a totalof P62.64 billion for agriculture-related programs and projects. This was significantly higherthan the P14.38 billion spent in 2005.Despite this, government spending for other crops like cornamounted to only P951 million in 2012; high-value crops, P1.63 billion; coconut, P2.08 billion;livestock, P2.72 billion; and P3.3 billion for fisheries.―If we let the numbers for the past six yearsspeak for themselves, the agricultural sector persists to be the biggest road block in our goal forattaining a higher and more inclusive growth,‖ said Balisacan, who is also Neda director general.
―There is an urgent need to rethink the development strategy for this sector, especially in view ofEl Niño and other natural disasters that could hit the country,‖ he added.Former BudgetSecretary Benjamin Diokno said the anemic performance of the agriculture sector slowed GDPgrowth in 2015. He said agriculture ―strikes at the heart of the inclusiveness‖ of the country‘seconomic performance last year.Agriculture contracted by 0.3 percent in the fourth quarter of2015, from 4.2 percent in the same period a year ago. He added that the six years of the Aquinoadministration also did not do much to improve agriculture growth. Diokno said the currentadministration neglected agriculture.He said that from 2011 to 2015, agriculture only grew by1.6 percent, significantly lower than the country‘s population growth rate.―President Aquinoranked second to the last among past five presidents [in terms of agriculture performance].Agriculture grew, on average, by 6.5 percent during Estrada‘s truncated term; 2.8 percent underArroyo‘s; 1.9 percent under Corazon Aquino‘s; and 0.8 percent during Ramos‘s term,‖ Diokno
said.The Aquino administration rolled out the Food Staples Sufficiency Program (FSSP) to makethe country self-sufficient in rice.
Rice provides 45 percent of Filipino‘s calorie intake and its production is considered the mainsource of livelihood in rural areas.The average rice-consumption spending accounts for 20 percent of a household‘s budget. This is higher at 30 percent for the bottom 30 percent of
http://www.businessmirror.com.ph/author/lecruz/http://www.businessmirror.com.ph/author/lecruz/
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Filipino families.The government also said more than 2 million households are engaged in ricefarming, millions more are farm laborers, and thousands are into rice trading.
Despite the difficulties posed by El Niño to the rice sector, the Department of Agriculture (DA)said on Thursday it is targeting a higher palay output of 19 million metric tons (MMT) for
2016.This figure is 4.68 percent higher than the country‘s total palay production of 18.15 MMTfor the whole year of 2015.Agriculture Secretary Proceso J. Alcala told reporters in an interviewthe department‘s total palay output target is still short of the volume needed to achieve 100- percent rice self-sufficiency in the country. He said this is due to budget constraints.―For us tomeet rice self-sufficiency, we need to produce about 20 MMT of palay.
But the budget we requested to meet the 20 MMT was not approved,‖ Alcala said.He said theDA has submitted a higher budget for 2016 so it can meet its 100-percent self-sufficiency targetthis year. He, however, did not provide the specific figure.Alcala said the additional amountwould have been used to provide more seeds to farmers and toimplement more interventions to help them.―We have requested for additional budget but it was
not granted. So don‘t expect higher rice production,‖ Alcala said.The DA and seven of itsattached agencies received a total of P48.45 billion in budget for 2016.
But aside from the general appropriations, special provisions were also given to DA programsand projects.The national programs for rice, corn, high-value crops, organic agriculture andlivestock, received a total provision of P14.04 billion, according to data from the Department ofBudget and Management.Data from the Philippine Statistics Authority (PSA) showed that thecountry‘s total palay production for 2015 declined by 4.31 percent to 18.15 MMT from 18.97MMT recorded in 2014.The PSA said the country‘s palay sector, along with the corn industry,suffered the brunt of El Niño and the strong typhoons which hit the country last year.For the firsthalf of 2016, the PSA projected that the country‘s palay production would reach 8.20 MMT, 1.48
percent lower than the 8.32 MMT recorded in the same period last year.
http://www.businessmirror.com.ph/rice-self-sufficiency-tack-was-a-mistake-neda/
Experts for more aromatic rice cultivation
Published : 28 Jan 2016, 17:34:39 | Updated : 28 Jan 2016, 17:37:32
Expanded cultivation of the highly environment-adaptive indigenous aromatic rice varietiescould save those from extinction and bring more profits to the farmers than other rice
varieties.Agriculture experts expressed the opinion at a result-sharing workshop styled 'Yield
Performance of Five Local Aromatic Rice Cultivars' organised by RDRS Bangladesh, a reputed
NGO, at its Training Centre here on Wednesday.
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The NGO organised an aroma test followed by the workshop to disclose cultivation results of
five selected indigenous aromatic rice varieties of 'Kalijira', 'Kataribhog', 'Jirakatari', 'Chinigura'
and 'Ijon' at its Mathona Farm here. Rangpur Regional Acting Additional Director of the
Department of Agriculture Extension (DAE) SM Ashraf Ali attended the workshop as the chief
guest with Head of Rangpur Regional Station of Bangladesh Rice Research Institute and its
Principal Scientific Officer Dr Shahidul Islam in chair. Principal Scientific Officer of the On-farm Research Division at Rangpur Regional Station of Bangladesh Agriculture Research
Institute Dr Mazharul Anwar, former Deputy Director of the DAE Ali Azam, Betar Farm
Broadcasting Officer of Rangpur Regional Agriculture Information Service Abu Sayem, Head of
Micro-finance Programme of RDRS Bangladesh Humayun Khaled and its Head of Human
Resources Sabrina Shamshad addressed as the special guests.
Agriculture and Environment Coordinator of RDRS Bangladesh Mamunur Rashid delivered
keynote presentation on the research work titled "Yield Performance of Five Local Aromatic
Rice Cultivars". He said the filed level experimental cultivation of the selected aromatic rice
varieties was conducted adopting scientific ways at Manthona Farm during the just ended Amanseason from July to December in 2015. The main objective of this study was to explore the
yielding ability of the selected five local aromatic rice cultivars with a view to select high
yielding varieties with strong aroma for promotion of their cultivation in northwestern
Bangladesh. "Among the cultivated rice varieties, the highest grain yield rate of 3.5 tonne per
http://www.thefinancialexpress-bd.com/assets/images/news_images/2016/01/28/expert%20rice_12925.jpg
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hectare was obtained from 'Ijon' followed by 3.4 tonne form 'Kataribhog', 3.3 tonne from
'Jirakatari', 3.15 tonne from 'Chinigura' and 3 tonne per hectare from 'Kalijira'," he said.
In this regard, a crop cutting ceremony was arranged in presence of Dr. Shahidul Islam on
November 29 last at Manthona Farm with participation of 29 farmers and 11 agricultural
scientists and extension workers. "After the crop cutting ceremony, the participants ranked'Jirakatari' with top marks followed by 'Kataribhog', 'Kalijira', 'Chinigura' and 'Ijon' respectively,"
Mamunur Rashid added. The experts said aromatic rice varieties are rated best in quality and
fetch much higher price in both national and international markets having long been popular in
the orient and are now becoming more popular in Middle East, Europe and the United States. Ali
Azam said aromatic rice cultivars in Bangladesh are of traditional types, photo period-sensitive
and are grown during the Aman season in the rain-fed low land ecosystem surviving for time
immemorial as the most adaptive to the environment.
"The yield of aromatic rice is low between 1.5 to 2 tonne in term of clean rice per hectare but its
high price and low cultivation cost generate higher profit margins for farmers compared to otherrice cultivars," he added. Predicting brighter prospect for expanded cultivation of indigenous
aromatic rice varieties, the chief guest said these cultivars might play vital role as parent varieties
in developing high yielding aromatic rice to bring more profits to the farmers, according to BSS.
- biplab
http://www.thefinancialexpress-bd.com/2016/01/28/12925
Financing for Cuba Trade OK'd, Ag Left Out
By Kristen Dayton
WASHINGTON, DC -- This week, the Obama administration announced a newTreasury rulethat authorizes additional U.S. exports to Cuba and permits the private financing ofthese exports in an effort to strengthen trade relations not controlled by the Cubangovernment. In a joint announcement with the Secretary of the Treasury, Commerce SecretaryPenny Pritzker said the changes are designed to "strengthen civil society" in Cuba. Exports ofU.S. food and agriculture to Cuba, which have been permitted in U.S. statute for more than 10years, were not affected. Sales of U.S. food and agriculture products to Cuba continue to remainineligible for direct financing as they "primarily generate revenue for the state." For example, allrice imports into Cuba are controlled by ALIMPORT, the government agency that coordinatesall overseas purchases and authorizes the import of products to Cuba.
"While this announcement is another move towards normalized commercial relations with Cuba,it's disappointing that U.S. rice farmers and exporters remain hampered by U.S. governmentregulations and laws that stand in our way of fully meeting Cuba's import demand for rice," saidDow Brantley, an Arkansas rice farmer and chairman of USA Rice.
mailto:[email protected]://r20.rs6.net/tn.jsp?f=001MrTs4AtklOm4-oxizes5inaR1lVD5r1uf3JKdwntSS1Sx0svB_Q6GeFRCeGyj61FkXt11d0G_FzwVO2L1GhJr1ZtYrI0o6MleZfAme0eCF1vJL3VqMdzXyCtF-KghzXLZs8kcicAjr2U5qm7NYVNVuvbUzRjiNgJzRgHoEURSTKzDweObd4FbCBkA9pCNLSlnK1yr6AQ0aCyVnYPWC5Qmsn0S4qt7CJxz6ofOsaVOwQkeujqY1OHTg==&c=-qVUctbNs2ms0CgmSUTsS1wu6pAF27_z9gsvBHg7AarVcZGA9weSng==&ch=gs1SE_m1wjVYhSP4jmwlxpO7ovB8lLR7ecFx9BAtOxajn8d52IGe2w==http://r20.rs6.net/tn.jsp?f=001MrTs4AtklOm4-oxizes5inaR1lVD5r1uf3JKdwntSS1Sx0svB_Q6GeFRCeGyj61FkXt11d0G_FzwVO2L1GhJr1ZtYrI0o6MleZfAme0eCF1vJL3VqMdzXyCtF-KghzXLZs8kcicAjr2U5qm7NYVNVuvbUzRjiNgJzRgHoEURSTKzDweObd4FbCBkA9pCNLSlnK1yr6AQ0aCyVnYPWC5Qmsn0S4qt7CJxz6ofOsaVOwQkeujqY1OHTg==&c=-qVUctbNs2ms0CgmSUTsS1wu6pAF27_z9gsvBHg7AarVcZGA9weSng==&ch=gs1SE_m1wjVYhSP4jmwlxpO7ovB8lLR7ecFx9BAtOxajn8d52IGe2w==mailto:[email protected]
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On February 10, USA Rice will support the U.S. Agriculture Coalition for Cuba (USACC) eventcommemorating both the coalition's public launch one year ago and all changes to U.S.-Cuba policy since December 2014. U.S. Secretary of Agriculture Tom Vilsack will speak at the eventas will two key rice-state allies on Cuba policy, Congressmen Rick Crawford (R-AR) and TedPoe (R-TX). A panel of representatives from various agricultural commodity groups, including
rice, will discuss our relations at present and the impact access to Cuba could have for U.S.agriculture.
OU biology research helps protect world’s food supply
Wednesday, Jan 27, 2016
Zijuan Liu, associate professor of biological sciences, and student Joseph McDermott are
working together to identify arsenic transporters in plants.For the past several years, Zijuan Liu,Ph.D. and doctoral student Joseph McDermott, from Oakland University's Department ofBiological Sciences, have been working on groundbreaking research that promises to stave off amajor threat to the world‘s food supply. They are collaborating with a team of scientists fromChina, Germany and the United States to discover how arsenic accumulates in plantseeds. Arsenic is a toxin and carcinogen that is pervasive in food and water, endangering the
health of tens of millions of people worldwide. While the process of how arsenic is taken intoroots and shoots of plants is fairly well understood, little is known about how arsenic gets intoseeds.
Understanding how arsenic is accumulated in seeds – such as rice grain – is of critical
importance to global health. Rice is a staple food for more than half the world‘s population. In
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China, for example, about 60 percent of daily dietary arsenic comes from rice consumption, as
reported in the journal ―Metallomics.‖ In the U.S., the average person consumes about 25 pounds
of rice per year, according the U.S. Rice Producers Association.Fortunately, Dr. Liu and the
research team are making strides in finding out how arsenic builds up in plant seeds. As reported
in the journal "Nature Plants," the researchers discovered that the plant "A. thaliana" uses
transport systems for inositol, a type of sugar, to load arsenite, the toxic form of arsenic, into
seeds.
According to Dr. Liu, this is the first identification of transporters responsible for arsenic
accumulation in seeds. The discovery could lead to far-reaching breakthroughs in protecting the
world‘s food supply, she says.―If this same pathway of how arsenic accumulates also exists in
rice, it will lead to the generation of new rice cultivators with less arsenic in the grain, a major
advance toward minimizing the global health risks posed by arsenic in rice, and possibly in the
near future, in other food sources,‖ Dr. Liu said.
As the research team continues to make progress, Dr. Liu is proud of her collaboration with
McDermott, who was an undergraduate student when the work began.―I put a lot of faith in
undergraduate student research,‖ Dr. Liu said. ―This result indicates our school has run a
successful program to attract students who are interested in research.‖
To learn more about Oakland‘s Department of Biological Sciences, visit oakland.edu/biology.
https://wwwp.oakland.edu/biology/news/2016/biology-student-professor-research-how-arsenic-
builds-up-in-plant-seeds
https://wwwp.oakland.edu/biology/news/2016/biology-student-professor-research-how-arsenic-
builds-up-in-plant-seeds
Water likely for rice crop this year Posted: Wednesday, January 27, 2016 6:00 am
By JODY LARIMER [email protected] News that downstream rice farmers will most-likely receive water from the upper reservoirs thisyear topped the agenda at the Western Rice Belt Production Conference.Ryan Rowney, LowerColorado River Authority vice president of water operations, addressed the full house lastWednesday at the El Campo Civic Center.http://www.leader-news.com/news/article_8598ee3a-c471-11e5-8ae0-4bcef166d807.html
Will Vietnam have to compete with Lao rice in China?VietNamNet Bridge - Vietnam has been warned that China will import rice from Laos instead of
Vietnam, but many Vietnamese in the industry do not believe this will occur in the near future.
http://www.nature.com/articles/nplants2015202http://www.nature.com/articles/nplants2015202http://wwwp.oakland.edu/biology/http://wwwp.oakland.edu/biology/http://wwwp.oakland.edu/biology/https://wwwp.oakland.edu/biology/news/2016/biology-student-professor-research-how-arsenic-builds-up-in-plant-seedshttps://wwwp.oakland.edu/biology/news/2016/biology-student-professor-research-how-arsenic-builds-up-in-plant-seedsmailto:[email protected]:[email protected]://wwwp.oakland.edu/biology/news/2016/biology-student-professor-research-how-arsenic-builds-up-in-plant-seedshttps://wwwp.oakland.edu/biology/news/2016/biology-student-professor-research-how-arsenic-builds-up-in-plant-seedshttp://wwwp.oakland.edu/biology/http://www.nature.com/articles/nplants2015202
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Shenzhen officials on January 10 announced that the first consignment of rice imports fromLaos, 87.8 tons, worth $746 million, passed quarantine procedures at the Shenzhen port in thesouthern part of China.China, which has been mostly importing rice from Vietnam, Thailand andPakistan, has added Laos to the list of rice suppliers.Meanwhile, Vietnam has reported a decreasein rice exports. The General Statistics Office (GSO) showed that Vietnam had exported 6.07
million tons of rice by the end of November, worth $2.58 billion, a 7.4 percent decrease from thesame period of 2014.
China remains the biggest export market for Vietnam, which consumed 33.4 percent of the totalrice exports.However, Nguyen Trung Kien from Ipsard, an institute on agriculture development,noted that Vietnam rice‘s market share in China is on the decrease.
Sixty five percent of Chinese rice imports were fromVietnam in 2012-2013, while the figure dropped to 53 percent in 2014 and 47 percent in the first fourth monthsof 2015.Experts say Vietnamese want to export to China because it is an easy-to-please market, which has high
demand for rice. Meanwhile, China wants Vietnam‘s rice because it is cheap thanks togeographical conditions.
However, Vietnam no longer has the advantage as its 25 percent and 5 percent broken rice pricesare near prices offered by Thailand and India.Therefore, experts have warned that Vietnam, inthe future, would have to compete with a lot of rivals to penetrate the Chinese market. They said
China remains the biggest export
market for Vietnam, which
consumed 33.4 percent of the total
rice exports.
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the volume of rice from Laos and Cambodia remains modest, but the rice has higher quality thanVietnam‘s and therefore, has a competitive edge in the Chinese market. Minister of Planning and Investment Bui Quang Vinh warned that if Vietnam cannot reform theway it organizes production, processing and trading, Laos, Cambodia and Myanmar would become formidable rivals.
Nguyen Van Ngai from the HCM City Agriculture and Forestry Agriculture pointed out thatwhile Vietnam has exploited nearly all the advantages it has, Laos and Cambodia still have greatnatural advantages. Meanwhile, Vo Thanh Do from the Ministry of Agriculture and RuralDevelopment said there was no need to be too worried about this.Do said that China‘s actual rice demand was much higher than 4 million tons that it hadannounced before. China would still need Vietnam‘s rice, and this will not change in the shortterm.
http://english.vietnamnet.vn/fms/business/150335/will-vietnam-have-to-compete-with-lao-rice-in-china-
.html
News in numbers | India becomes world’s largest rice
exporter, as Thailand declines
Apple iPhone sales grow at slowest rate ever; India ranks 76th in global corruption index
India‘s total rice shipments saw a 7.3% decline in volumes and an 18% fall in value in the April-
November period of the current fiscal. Photo: Hemant Mishra/Mint
800,000
What is it? The number of iPhones sold by Apple in India in the last three months of 2015,
according to Counterpoint Technology Research.
Why is it important? This is the highest ever sales recorded in the country, a 76% growth from
a year ago. However, this is less than 3% of the total smartphones sold in India during the period.
Globally, Apple reported flat sales of its flagship smartphone, which accounts for over two-
thirds of its revenue, in this period, a reason it‘s turning its attention on India. The company said
it is ―increasingly putting more energy‖ into the country‘s youth and their rising disposable
income. Recently, it sought the government‘s approval to open its own retail stores in India.
Tell me more: Analysts are worried that China‘s economic slowdown (it reported the lowest
numbers in 25 years) might impact Apple‘s growth. Greater China accounted for nearly a fourth
of Apple‘s fourth quarter revenue.
http://in.reuters.com/article/apple-results-india-indianmarket-smartph-idINKCN0V5079http://www.wsj.com/articles/apple-reports-slowing-growth-in-iphone-sales-1453843920http://www.bbc.com/news/business-35412892http://www.bbc.com/news/business-35412892http://www.cnbc.com/2016/01/26/apple-begins-to-see-signs-of-softness-in-china.htmlhttp://www.cnbc.com/2016/01/26/apple-begins-to-see-signs-of-softness-in-china.htmlhttp://www.cnbc.com/2016/01/26/apple-begins-to-see-signs-of-softness-in-china.htmlhttp://www.bbc.com/news/business-35412892http://www.bbc.com/news/business-35412892http://www.wsj.com/articles/apple-reports-slowing-growth-in-iphone-sales-1453843920http://in.reuters.com/article/apple-results-india-indianmarket-smartph-idINKCN0V5079
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76
What is it? India‘s ranking in 2015‘s global corruption index (out of 168 countries) by
Transparency International.
Why is it important? It has moved up nine positions from the previous year‘s 85th rank ing. Its
grade index score of 38 out of 100 (100 is the least corrupt) compares poorly with Denmark‘s 91,
the top country in the index. This shows India has a long way to go in weeding out corruption.
One of the key promises by the National Democratic Alliance government has been to improve
India‘s ranking in the ease of doing business index and position it among the top 50 countries. To
do so, India would have to tackle corruption quickly, which has been cited as the main obstacle
in doing business in the country by a 2014 KPMG report.
Tell me more: Brazil reported the worst decline in rankings, down seven positions to the 76th
position, as a massive scandal erupted at its state-run companies.
Rs.6 trillion
http://economictimes.indiatimes.com/news/politics-and-nation/india-ranks-76th-in-global-corruption-index/articleshow/50744469.cmshttp://economictimes.indiatimes.com/news/politics-and-nation/india-ranks-76th-in-global-corruption-index/articleshow/50744469.cmshttp://economictimes.indiatimes.com/news/politics-and-nation/india-ranks-76th-in-global-corruption-index/articleshow/50744469.cmshttp://economictimes.indiatimes.com/news/politics-and-nation/india-ranks-76th-in-global-corruption-index/articleshow/50744469.cmshttp://profit.ndtv.com/news/economy/article-india-moves-up-in-world-banks-ease-of-doing-business-list-1237196https://www.kpmg.com/IN/en/IssuesAndInsights/ArticlesPublications/Documents/KPMG-CII-Ease-of-doing-business-in-India.pdfhttps://www.kpmg.com/IN/en/IssuesAndInsights/ArticlesPublications/Documents/KPMG-CII-Ease-of-doing-business-in-India.pdfhttp://in.reuters.com/article/corruption-transparency-report-idINKCN0V50IWhttp://in.reuters.com/article/corruption-transparency-report-idINKCN0V50IWhttps://www.kpmg.com/IN/en/IssuesAndInsights/ArticlesPublications/Documents/KPMG-CII-Ease-of-doing-business-in-India.pdfhttps://www.kpmg.com/IN/en/IssuesAndInsights/ArticlesPublications/Documents/KPMG-CII-Ease-of-doing-business-in-India.pdfhttp://profit.ndtv.com/news/economy/article-india-moves-up-in-world-banks-ease-of-doing-business-list-1237196http://economictimes.indiatimes.com/news/politics-and-nation/india-ranks-76th-in-global-corruption-index/articleshow/50744469.cms
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What is it? The amount the Indian government could earn based on the telecom
regulator‘s recommendations on the reserve price for spectrum in the 700 MHz, 800 MHz, 900
MHz, 1800 MHz, 2100 MHz, 2300 MHz and 2500 MHz bands.
Why is it important? This would be the highest-ever amount earned by the government from
spectrum auction, if it accepts the regulator‘s recommendations. The 700 MHz band, which is
known to be the best for offering mobile broadband and 4G services and is being offered under
the auction for the first time, could alone contribute to aroundRs.4 trillion. The telecom
companies are reeling under massive debt (Rs.3.5 trillion as of April 2015) and it remains to be
seen how far they are willing to stretch their balance sheets to participate in the next round of
auction.
Tell me more: Telecom operators, including Bharti Airtel and Idea Cellular, have opposed thesale of spectrum in the 700 MHz band, saying it should be done only when the operators are
ready with the devices and equipment to operate the airwaves.
$3 billion
What is it? India‘s arms export target by 2025.
Why is it important? The Indian government is seeking to not only become self-sufficient in
the defence sector but also to become one of the world‘s biggest arms exporters. If India
achieves the $3 billion target, it would transform the country from an arms importer to a major
seller. In 2014-15, it sold defence equipment worth around $150 million to other countries, a
mere 0.25% of the $64 billion global defence trade. In contrast, India‘s arms imports totalled to
$5.57 billion in 2014.
Tell me more: According to Anurag Garg, director of defense at Strategy&, a consulting group
of PwC, state companies account for 80% of defence production and there is heavy reliance on
the private sector to design military hardware, which is ―no easy task‖.
10.23 million tonnes
What is it? India‘s rice exports in 2015, according to a Thai rice exporters organisation.
http://www.livemint.com/Industry/aSHa9dSCYXBMjN1K37WqZK/Trai-wants-auction-of-all-spectrum.htmlhttp://www.trai.gov.in/WriteReadData/WhatsNew/Documents/Press_Release.pdfhttp://timesofindia.indiatimes.com/business/india-business/Spectrum-auction-may-raise-at-least-Rs-6-lakh-crore/articleshow/50750155.cmshttp://indianexpress.com/article/india/india-news-india/trai-spectrum-price-proposal-may-fetch-rs-5-36-lakh-crore-for-govt/http://articles.economictimes.indiatimes.com/2016-01-06/news/69564131_1_tariffs-cdma-ashok-sudhttp://www.bloomberg.com/news/articles/2016-01-27/india-s-3-billion-arms-export-goal-puts-china-in-modi-s-sightshttp://www.forbes.com/sites/niallmccarthy/2015/03/10/saudi-arabia-has-become-the-worlds-biggest-arms-importer-infographic/#26d24b24d45ahttp://www.business-standard.com/article/pti-stories/india-overtakes-thailand-as-world-s-largest-rice-exporter-116012701220_1.htmlhttp://www.business-standard.com/article/pti-stories/india-overtakes-thailand-as-world-s-largest-rice-exporter-116012701220_1.htmlhttp://www.forbes.com/sites/niallmccarthy/2015/03/10/saudi-arabia-has-become-the-worlds-biggest-arms-importer-infographic/#26d24b24d45ahttp://www.bloomberg.com/news/articles/2016-01-27/india-s-3-billion-arms-export-goal-puts-china-in-modi-s-sightshttp://articles.economictimes.indiatimes.com/2016-01-06/news/69564131_1_tariffs-cdma-ashok-sudhttp://indianexpress.com/article/india/india-news-india/trai-spectrum-price-proposal-may-fetch-rs-5-36-lakh-crore-for-govt/http://timesofindia.indiatimes.com/business/india-business/Spectrum-auction-may-raise-at-least-Rs-6-lakh-crore/articleshow/50750155.cmshttp://www.trai.gov.in/WriteReadData/WhatsNew/Documents/Press_Release.pdfhttp://www.livemint.com/Industry/aSHa9dSCYXBMjN1K37WqZK/Trai-wants-auction-of-all-spectrum.html
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Why is it important? This makes India the world‘s largest rice exporter, beating Thailand.
India‘s top position comes not from its scaling up, but by Thailand‘s decline. Thailand‘s rice
exports were down by 10.8% to 9.8 million tonnes on a year-on-year basis. The Southeast Asian
country attributed this to global economic slowdown, particularly in countries with high rice
demand and decrease in purchasing power of nations due to falling oil prices. India‘s total rice
shipments saw a 7.3% decline in volumes and an 18% fall in value in the April-November period
of the current fiscal. It is likely to post lower export figures in 2015-16 than the 11.92 million
tonnes shipped in 2014-15.
Tell me more: Fall in shipments of the basmati rice variety to Iran, one of the largest buyers
from India, and tepid demand from African countries (mainly Nigeria) are the main reasons for
the fall in India‘s rice exports.
howindialives.com is a search engine for public data
howindialives.com
Quick. Healthy. Here.Fast-casual restaurants go fresh and delicious by LINDA FALKENSTEIN
JANUARY 28, 2016
PAULIUS MUSTEIKIS“Fresh. Local. Gluten-free. Healthy. Small Batch.‖ All the buzzwords.With that lingo, youmight easily mistake the restaurant being described for someplace like Graze, James BeardAward-winning Madison chef Tory Miller‘s farm-to-table, ―fresh from local pastures‖ gastropubon the Capitol Square.It is, however, the tagline for Glaze, a New York City-based chain of eightcounter-service teriyaki restaurants — call it a boutique chain — spread across the U.S. fromManhattan to San Francisco, with a location slated to open this spring in Madison.
Glaze is just one of a handful of fast-casual spots that have found Madison an attractive marketin recent months — Freshii, Naf Naf Grill, Bowl of Heaven, Forage Kitchen and FreskaMediterranean Grill have all opened within the past year. They share similar concepts, focusingon customizable bowls, salads and wraps, and often freshly squeezed juices and fruit smoothies.Fresher, healthier eating is coming to fast food in a big way, and we‘re not talking aboutMcDonald‘s serving more salads. These spots don‘t serve burgers; fruits and vegetables are thefocus, not a sidelight. ―Proteins‖ — from steak to tofu — are add-ons, not the centerpiece of thedish.
http://www.thehindubusinessline.com/economy/agri-business/poor-offtake-by-iran-nigeria-to-dent-indias-rice-exports/article8073384.ecehttp://howindialives.com/http://www.livemint.com/Search/Link/Author/howindialives.comhttp://www.livemint.com/Search/Link/Author/howindialives.comhttp://isthmus.com/topics/linda-falkenstein/http://isthmus.com/topics/linda-falkenstein/http://www.livemint.com/Search/Link/Author/howindialives.comhttp://howindialives.com/http://www.thehindubusinessline.com/economy/agri-business/poor-offtake-by-iran-nigeria-to-dent-indias-rice-exports/article8073384.ece
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A decade ago, the big hamburger chains began seeing competition from more upscale chainsdubbed ―fast-casual‖ — places like Panera Bread, Chipotle and Noodles. Though these spots stillhad counter service, they offered more attractive decor than the standard burger joint, morecustomizable dishes and the perception of better-quality ingredients.
Fast-casual continues to gain market share in the restaurant industry, encompassing everythingfrom upscale burgers (think Five Guys, Mooyah) to pizza, but there‘s recently been a strongupsurge of fresh and healthy. FastCasual, an industry website, publishes a yearly ―Top 100‖ listof movers and shakers in the fast-casual segment, and it‘s full of descriptions not normallyassociated with chain food. These up-and-comers ―source local and organic ingredients fromlocal farmers‖ (sweetgreen); serve ―chef -crafted foods that are grown responsibly andsustainably‖ (the vegan Native Foods Cafe); are ―farm-to-table‖ and committed to ―ingredientswith no added hormones or antibiotics‖ (Modern Market); reduce their food miles to increaseflavor (MAD Greens); butcher their own meat (Asian Box); and pick most produce ―fresh daily‖for ―slow food done fast‖(Tender Greens).
These restaurants have an array of fresh veggies at the ready. Grain choices from quinoa to blackrice. Proteins from free-range organic chicken to goji-chipotle organic tempeh. Staff whip upyour salad or bowl in a matter of minutes, usually for less than $10 a meal.Is this for real?
Best of both worlds Diners are looking to get the ―best of both worlds,‖ says Craig Thompson, professor ofmarketing at the UW-Madison business school. They want convenient, fast food that tastes goodand is also good for their health.Thompson, who studies alternative food systems, thinks the rise of healthier fast-casualrestaurants is part of an overall backlash against fast food that‘s been ongoing for well over a
decade, spurred by the publication of Eric Schlosser‘s Fast Food Nation and the release ofMorgan Spurlock‘s film Super Size Me.But since these works raised the public‘s consciousness, even the way we talk about food hasshifted. ―Ten or 15 years ago it was all about fat,‖ Thompson says. He credits food writers likeMichael Pollan and Mark Bittman with shifting the emphasis away from counting calories. Now,consumers are more likely to look for food that is fresh and unprocessed.When customers see their salads, wraps and bowls created right in front of them, it highlightsthat ―this is being freshly prepared,‖ says Thompson. ―This translates into ‗This must be good forme.‘‖ And what is ―good for me,‖ exactly? ―There‘s so much conflicting information out there,‖ Thompson notes. ―Who do you trust? At
some point as a consumer, you can‘t research every option.‖ That‘s why consumers are often willing to pay a premium to let a brand — like Whole Foods orChipotle — do their vetting for them. ―Consumers rely on the brand and place faith in that, until proven otherwise,‖ says Thompson. That‘s why Chipotle‘s recent incidents nationwide withfood-borne illnesses have been so devastating. Sales have plummeted and confidence in thechain is at a low.
http://www.fastcasual.com/http://sweetgreen.com/http://sweetgreen.com/http://sweetgreen.com/https://www.nativefoods.com/https://www.nativefoods.com/http://www.modmarket.com/http://www.modmarket.com/http://www.madgreens.com/http://www.asianbox.com/http://www.asianbox.com/http://www.tendergreens.com/http://www.tendergreens.com/http://www.tendergreens.com/http://www.asianbox.com/http://www.madgreens.com/http://www.modmarket.com/https://www.nativefoods.com/http://sweetgreen.com/http://www.fastcasual.com/
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At Freshii, the message is as important as the menu.
“I built that” Making your own meal without having to cook it yourself brings new meaning to the phrase―have it your way.‖ And it‘s fun. A smorgasbord of colorful fruits and veggies are at the ready,to be combined in kaleidoscopic variations. Go slightly southwestern with a rice bowl toppedwith avocados, black beans and a cilantro lime vinaigrette, or head east with tofu, cabbage,carrots and lemongrass dressing all rolled up in a wrap of kale. Go crazy and add beet slaw, eventhough it matches neither of these cuisines. Because you love beets. It really is all up to you.Greater customer control over what‘s on the plate is key in today‘s dining scene. That‘s whychoose-your-own assembly line ordering has become so widespread in fast-casual.Susan Quam, executive vice president of the Wisconsin Restaurant Association, says her grouphas definitely taken note of the trend.Consumers aren‘t just saying they want healthier options — they‘re actually putting their moneywhere their mouths are and acting upon it, says Quam.―Build-your-own‖ is clearly on the rise here in Wisconsin, Quam confirms, with sandwiches,wraps, salads, bowls, ramen, even fresher takes on pizza (where customers have been buildingtheir own for years) being created at the order counter.―The build-your-own concept is being driven especially by younger diners, who look at food asan expression of themselves and not just fuel for their bodies,‖ says Quam. It‘s important forthem to ―be able to choose what‘s in their food, even though someone else is making it forthem.‖ Customization also makes it easier to cope with many diet needs — vegetarian, vegan, gluten-free, paleo, raw, low-carb. Several restaurants (Chipotle and Naf Naf, for instance) have dynamicnutrition calculators on their websites. Calories, sodium and grams of fat automatically add up onthe right side of the screen as you add options like steak or chicken, tofu, rice, pickles andhummus to your meal.This extensive info on everything from amounts of saturated fat to cholesterol, sodium, carbs and protein is a hidden benefit to eating at a chain restaurant. It‘s unusual for an independent, locallyowned restaurant to have this kind of accounting available, althoughFit Fresh Cuisine inFitchburg has been a pioneer in this locally. The six-year-old restaurant lists calories, carbs,fiber, fat and protein for its small menu of açaí bowls, smoothies, scrambles, salads andsandwiches.But Thompson sees an overall change in customer mindset: These days, people feel less ofa need to count calories. ―A restaurant like Freshii is saying, ‗We are serving you fresh, healthyfood, so you can eat this without worries or guilt,‘‖ says Thompson. And that‘s liberating. ―Theconsumer is thinking, ‗I don‘t have to worry about rice; rice is natural, I can just eat and relax.‘ Ithink that‘s a big part of the promise.‖
The bottom line? It‘s okay because it‘s not a McNugget. Kathy Humiston, a longtime member at the Willy Street Co-op, penned a history of ―hippiefood‖ for the co-op‘s Reader back in 2008. Brown rice, tempeh, soy, beans, sprouts — thesestaples of today‘s ―bowl‖ cuisine were introduced in the late 1960s and early ‘70s by what werethen called ―natural food‖ advocates, reacting against the canned vegetables and Wonder Breaddiets of their childhoods.
http://fitfreshcuisine.com/https://www.willystreet.coop/reader/hippie-food-then-and-nowhttps://www.willystreet.coop/reader/hippie-food-then-and-nowhttps://www.willystreet.coop/reader/hippie-food-then-and-nowhttps://www.willystreet.coop/reader/hippie-food-then-and-nowhttps://www.willystreet.coop/reader/hippie-food-then-and-nowhttps://www.willystreet.coop/reader/hippie-food-then-and-nowhttp://fitfreshcuisine.com/
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Once obscure even to those who started the co-op, these ingredients are now close tomainstream. ―I love it that whole foods are starting to show up in many different restaurantvenues,‖ says Humiston. ―I would love to see this become the new standard.‖ Humiston got serious about changing her diet when she became pregnant with her first child in1983, and like many of her peers, vowed she would raise her children on better food than she ate
when she was a kid. Now that members of that generation are adults, they expect to find better food options whendining out, Humiston notes: ―They‘ve eaten this way virtually their entire lives. Other stuffdoesn‘t taste right or have the appeal to them.‖ Having grains like quinoa, forbidden rice and brown rice available at chains ―opens up new possibilities for more people,‖ says Humiston. And isn‘t that what the hippies were all about?
State Street‘s Forage Kitchen prioritizes local sourcing in entrees like the Local Roots salad.
Not a chain Not every healthy fast-casual restaurant is a chain. State Street‘s new Forage Kitchen, whichopened last fall, is owned and operated by Henry Aschauer and Doug Hamaker, who also runRoast Public House. The two had the idea for Forage even before they opened Roast in 2012,says Aschauer, but it was more of a challenge to create: ―If it were easy, everyone would do it.‖ A salad- and grain-bowl-based restaurant that tries to source its ingredients locally is a lot easierto do in a place like California, he notes.Forage ―is in tune with how we live our lives these days,‖ says Aschauer. ―Madison is ready forthis; we are ready for this as a nation.‖ Katie Brozen, chef at Forage Kitchen, created its menu. Brozen attended the health-focused Natural Gourmet Institute culinary school in New York City (its motto is ―Kale, quinoaand community since 1977‖). In addition to teaching all the traditional culinary skills, the school goes into sourcing, nutritionand the healthy, healing side of cooking, says Brozen.After working in restaurants in Manhattan and opening a small vegetarian restaurant inBrooklyn, Brozen moved to Madison to help open Forage. She liked Aschauer and Hamaker‘sfocus on global inspiration: ―I love how other cultures have a better relationship with food thanAmerica,‖ says Brozen. Build-your-own bowl and salad spots are huge in New York City, and Brozen visited many to―see what they were doing and how they were doing it.‖ If the mission is to attract people whoare just learning how to eat healthy, says Brozen, variety is crucial. ―We need to bring those people over to the other side and show them that healthy food doesn‘t have to be boring. Or justlettuce.‖ Brozen likes to ―take an ordinary vegetable and give it its own personality and a ton of flavor.‖She spends a lot of her time trying to source as many local products as possible for the
restaurant. Wisconsin ―has fantastic product, but in the colder months, it has been a challenge,‖says Brozen.One of Forage‘s most popular items is the ―Power Bowl,‖ a grain base (brown rice is the default, but it can be made with black rice or quinoa) topped with tender rosemary lentils, sweet potatoes, poblano slaw, jerk chicken, guacamole and a green goddess dressing. It‘s creamy and crunchy,sweet and savory, hot and cold — craveable 21st-century comfort food.
https://naturalgourmetinstitute.com/https://naturalgourmetinstitute.com/
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―We care about everything that goes into the food, so people get that idea of home,‖ says Brozen.―It‘s a well-cooked meal on the go that‘s not just flying at you as fast as possible.‖ Thomas Paras, former owner of Amy‘s Cafe downtown, has just opened a fast-casual restaurant,Freska Mediterranean Grill, at Greenway Station. He terms it ―like a Chipotle, but what I like toserve and the way I like to serve it.‖ The customizable sandwiches, salads and plates with a
variety of toppings and sauces vary in healthfulness, says Paras — ―Gyros meat is not diet, butchicken is‖ — and other add-ons like hummus, babaghanoush and tabouli are healthy. He also points to his ―super slaw,‖ with kale, beets and cabbage. Paras researched other Mediterranean/Chipotle-style fast-casual restaurants via the Internet before opening Freska. ―Everybody‘s doing it,‖ he says. ―Probably somebody else is checkingme out now.‖ Inspiration? Outright health claims from these restaurants vary, as does the transparency of their sourcing.A spot like Naf Naf limits itself to describing its fare as ―fresh, authentic Middle Eastern food,‖while Bowl of Heaven goes more overtly into the health benefits of its signature ingredient, theaçaí berry (―twice the antioxidants of blueberries, plus omega fats, amino acids, proteins,
anthocyanins, fiber, iron, potassium, phosphorus, calcium and other phytonutrients‖). Other claims from restaurants about being more responsible and sustainable bring up other, morethorny, questions. Has a location of a national chain devoted to sustainable sourcing put a locallyowned mom-and-pop restaurant out of business?Has the sudden, ravenous American quest for healthy quinoa caused environmental damagewhere the crop is grown in Bolivia and Peru?And what about some of those processed alternative foods for vegans, like Tofutti cream cheese(which includes partially hydrogenated soy bean oil, maltodextrin, nondairy lactic acid, locust bean, guar and carrageenan gums, vegetable mono and digycerids and potassium sorbet)?Locally, Forage Kitchen lists some of its purveyors on its website — bread from Batch, tempehfrom Milwaukee‘s Simple Soyman, goat cheese from Nordic Creamery, cage-free eggs from
Lake Mills and sprouts from Supercharge here in Madison. This kind of accountability is easierfor a one-location restaurant than it is for a chain with outlets from coast to coast, where gettingenough of the same ingredient to create a consistent product from outlet to outlet remains achallenge.
Chef Katie Brozen of Forage Kitchen strives to give vegetables ―a ton of flavor.‖ Katie Brozen of Forage limits the amount of fat, salt and sugar in her foods. Only extra-virginolive oil is used in dressings; some are oil-free. ―We use pure sweeteners like organic cane sugar,coconut sugar and honey, and sparingly, only to bring the flavors together,‖ says Brozen. ―Samefor salt. It‘s an essential ingredient that we use to enhance the natural flavors in the vegetables,versus having everything just taste like salt.‖
Freshii takes a more inspirational route, with slogans emblazoned across wall-sized blackboardsin-store: ―Let‘s eat without regret. Let‘s love kale. Let‘s embrace quinoa.... Let‘s eat things thatmake us feel good.‖ Sourcing is not specified. Is this food always healthy? It‘s certainly possible to pile on enough dressings, cheeses, rice, pitasides and guacamole to rack up a considerable number of calories, but even so, grains and freshvegetables are going to be healthier than processed and fried foods.
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Craig Thompson is doubtful, however, about some of the more specific health claims for certainingredients. From a marketing standpoint, he says, ―Some of these chains are benefiting from thehype around alternative diets and the quest for magic-bullet solutions to what ails us as asociety.‖ And there are differing opinions on what constitutes a healthy diet. ―Some people claim there are
tremendous health benefits [to an açaí berry];‖ says Thompson. ―Others will say, that‘s just anexpensive blueberry.‖
Is Dane County full? Madison, with its college population and growing millennial workforce, does have ademographic desirable for chains like Freshii and other vegetable-centric leaders like LyfeKitchen, sweetgrass and Native Foods. But Susan Quam of the Wisconsin RestaurantAssociation says that such chains would look not only at our demographics but at how manyrestaurants we already have. And Dane County is very dense.Plus, the location needs to be just right, one that younger diners want to be in and can get toeasily. ―They all want to have the best spaces available,‖ says Quam. Still, as people dine out more frequently (in April of 2015, the U.S. Dept. of Commerce reported
that for the first time ever, Americans spent more money eating out than they did at grocerystores), diners are likely to continue to want more healthy options across the eating spectrum andeven more customizability. And they‘re going to continue to want to eat these on the run or bringthem home for easy post-work dinners.―That‘s not going away,‖ says Quam.
The latest in fast and healthy
Bowl of Heaven 717 Hilldale Court The star is açaí bowls and smoothies. Açaí bowls are more or less smoothies served in a bowl,composed of a blend of fruits like açaí berries, strawberries, pineapple, blueberries and banana,
and even fresh kale and spinach, topped with organic hemp flax, granola and honey. Served icycold, they‘re better that way. Fresh juices, too, are made to order. Unique ingredients: MAQ7, a blend of the maqui berry, the gac fruit and five others you‘venever heard of; purple corn
Forage Kitchen 665 State St. Salads and grain bowls form the heart of the menu. A dozen pre-designed salads and two pre-designed bowls are on the chalkboard, or have the staff build your own from a wide variety ofveggies and other add-ons. Small dining area; there is a lot of take-out. Açaí bowls; freshfruit/veggie juices made on site but pre-bottled at the counter.
Unique ingredients: citrus-marinated fennel, goji-chipotle organic tempeh, black (―forbidden‖)rice
Freshii 422 Gammon Place Freshii has a large menu of salads, wraps, grain bowls, soups, burritos and juices. Customers canalso create their own by checking off options on a printed ticket; then counter staff will make it
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up. This speeds up the assembly line process (there‘s no last-minute indecision, or ―what‘s that?‖conversations with the staff) and makes pricing and extras completely clear. You can also signup for a juice cleanse program. Juices are made-to-order.Unique ingredients: turkey carnitas, spicy lemongrass, mango
Freska Mediterranean Grill 8310 Greenway Blvd., Middleton Build-your-own pita sandwiches, rice plates, salads and platters, plus four soups.Unique ingredients: lamb, marinated pork, babaghanoush, couscous, tabouleh, roasted pepperaioli, harissa sauce
Naf Naf Mediterranean Grill 555 State St. Build-your-own pita sandwiches, rice bowls, salads.Unique ingredients: steak shawarma, sumac onions, s‘khug sauce, basmati rice
Source with thanks Isthmus
NFA may delay 400K MT rice import
by Reuters
January 28, 2016
The Philippines, one of the world‘s top rice importers, could delay its planned additional
purchase of up to 400,000 tons of the staple food as local supply remains adequate, the National
Food Authority (NFA) said yesterday.The country‘srice stocks stood at around 900,000 tons as
of last week, enough to cover 29 days of local consumption, with an additional 500,000 tons of
grain imports from Vietnam and Thailand expected to arrive within the first quarter, the NationalFood Authority said.The NFA Council, a panel composed of government economic managers
that approves rice importation, met on Tuesday to discuss the country‘s rice purchases but did
not finalize the volume and timing of the next deal.
―There is no decision yet because there is no urgency to import. We have sufficient supply,‖ an
aide of NFA Administrator Renan Dalisay told Reuters.The Philippines was looking to buy up to
400,000 tons of the grain for delivery in the second quarter, and may need an additional 800,000
tons to cover this year‘s requirements, Dalisay said in a Jan. 12 interview with Reuters. On
Monday, the statistics agency said paddy harvest in the first quarter is likely to be more than 5
percent lower than a previous forecast due to a crop-damaging dryness linked to the El Niño
weather pattern.Crop losses last year due to El Niño turned out much smaller than expected.Ricedemand from the Philippines is keenly watched by traders as it could underpin export prices of
the grain from Vietnam and Thailand, the country‘s main suppliers and the world‘s third - and
second-biggest sellers respectively.
http://www.mb.com.ph/nfa-may-delay-400k-mt-rice-import/#jeVGOKfJIS1VUEKz.99
http://www.mb.com.ph/author/reuters/http://www.mb.com.ph/author/reuters/
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APEDA RICE COMMODITY NEWS
International Benchmark PricePrice on: 26-01-2016
Product Benchmark Indicators Name Price Apricots
1 Turkish No. 2 whole pitted, CIF UK (USD/t) 4875
2 Turkish No. 4 whole pitted, CIF UK (USD/t) 4375
3 Turkish size 8, CIF UK (USD/t) 3625
Sultanas
1 Australian 5 Crown, CIF UK (USD/t) 2736
2 South African Orange River, CIF UK (USD/t) 2609
3 Turkish No 9 standard, FOB Izmir (USD/t) 1925
White Sugar
1 CZCE White Sugar Futures (USD/t) 816
2 Kenya Mumias white sugar, EXW (USD/t) 6913 Pakistani refined sugar, EXW Akbari Mandi (USD/t) 546
Source:agra-net For more info
Market WatchCommodity-wise, Market-wise Daily Price on 27-01-2016
Domestic Prices Unit Price : Rs per Qty
Product Market Center Variety Min Price Max Price
Jowar(Sorgham)
1 Siddhpur (Gujarat) Other 3530 3930
2 Pune (Maharashtra) Other 2800 3200
3 Theni (Tamil Nadu) Other 1400 1480
Maize
1 Amreli (Gujarat) Other 1560 1825
2 Pune (Maharashtra) Yellow 1700 1725
3 Koraput (Orissa) Other 1325 1335
Papaya
1 Aroor (Kerala) Other 2400 2600
2 Malout (Punjab) Other 1000 1500
3 Reasi (Jammu and Kashmir ) Other 2600 2900
Cucumber
1 Chala (Kerala) Other 2700 2751
2 Nasik (Maharashtra) Other 1125 2500
3 Sirhind (Punjab) Other 1300 2300
Source:agmarknet.nic.in For more info
Egg Rs per 100 NoPrice on 27-01-2016
Product Market Center Price
http://agmarknet.nic.in/http://agmarknet.nic.in/
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1 Pune 450
2 Hyderabad 410
3 Namakkal 415
Source: e2necc.com
Other International Prices Unit Price : US$ per packagePrice on 26-01-2016
Product Market Center Origin Variety Low High
Potatoes Package: 50 lb cartons
1 Atlanta Colorado Russet 16 16.50
2 Chicago Idaho Russet 15 18
3 Detroit Wisconsin Russet 16 16.50
Cucumbers Package: cartons film wrapped
1 Atlanta Mexico Long Seedless 20 21
2 Chicago Canada Long Seedless 14 15
3 Dallas California Long Seedless 15 16.50
Apples Package: cartons tray pack
1 Atlanta Virginia Red Delicious 27 28
2 Chicago Washington Red Delicious 21 22.50
3 Miami Washington Red Delicious 22 22
Source:USDA
01/28/2016 Farm Bureau Market Report
Rice
High Low
Long Grain Cash Bids - - - - - -
Long Grain New Crop - - - - - -
Futures:ROUGH RICE
High Low Last Change
Mar '16 1148.0 1116.0 1131.0 +4.5
May '161176.0 1144.0 1159.5 +4.5
Jul '16 1186.5 +4.5
Sep '16 1197.0 +10.0
Nov '16 1220.0 +10.0
Jan '17 1220.5 +10.0
Mar '17 1220.5 +10.0
http://e2necc.com/http://e2necc.com/
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Rice Comment
Rice futures traded in a wide range on either side of unchanged before closing higher
near the middle of the day's trading range. March approached resistance at $11.50 before
reversing course. A close above $11.50 could signal a move toward a retest of the $12 area,
while support is at the recent low of $11.65. The weekly export reports were delayed
until tomorrow due to the blizzard that has affected DC this week.
Rice Prices
as on : 29-01-2016 02:49:03 PM
Arrivals in tonnes;prices in Rs/quintal in domestic market.
Arrivals Price
Current %
change
Season
cumulative Modal
Prev.
Modal
Prev.Yr
%change
Rice
Gadarpur(Utr) 870.00 -11.5 51599.00 2095 2010 50.94
Chaandpur(UP) 680.00 - 1980.00 2200 - -
Bazpur(Utr) 643.20 -51.64 13996.10 2207 1714 57.64
Kopaganj(UP) 450.00 - 450.00 2085 - 0.48
Pilibhit(UP) 300.00 20 14250.00 2195 2185 -
Shahjahanpur(UP) 260.90 80.8 36698.90 2150 2150 7.23
Gorakhpur(UP) 220.00 -12 2102.00 2090 2140 4.50
Azamgarh(UP) 208.00 -0.95 2654.00 2125 2110 -
Bahraich(UP) 176.00 -2.22 1601.50 2075 2075 0.24
Basti(UP) 153.50 -0.32 2374.50 2065 2060 2.48
http://click.aristotle.net/click.aspx?lid=CG0B27QDIuhhttp://click.aristotle.net/click.aspx?lid=CG4Q66QSMelhttp://click.aristotle.net/click.aspx?lid=CG4A66USIfl
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Faizabad(UP) 140.00 -22.22 1861.50 2100 2080 -
Sitapur(UP) 135.00 2.27 3075.00 2225 2222 5.50
Asansol(WB) 132.00 - 396.00 2400 - -
Mathabhanga(WB) 110.00 -15.38 1750.00 1950 1950 -
Saharanpur(UP) 72.00 12.5 2621.00 2030 2030 -3.33
Kalipur(WB) 72.00 2.86 2069.00 2150 2150 -
P.O. Uparhali Guwahati(ASM) 65.00 -1.52 1479.00 2100 2100 -19.23
Achalda(UP) 65.00 -7.14 1795.00 2240 2240 -
Ghaziabad(UP) 60.00 -25 1100.00 2075 2065 1.22
Shikohabad(UP) 50.00 -23.08 202.50 1940 1940 -
Gazipur(UP) 50.00 4.17 687.50 1900 1900 3.26
Nadia(WB) 50.00 NC 700.00 3200 3200 3.23
Bindki(UP) 48.00 11.63 1300.00 2220 2245 6.73
Kasimbazar(WB) 44.00 -2.22 654.00 2320 2330 -10.77
Udala(Ori) 40.00 11.11 489.00 2700 2700 -
Dadri(UP) 40.00 -11.11 981.00 2080 2070 1.46
Purulia(WB) 36.00 50 996.00 2200 2200 -9.84
Vasai(Mah) 32.00 - 32.00 2860 - -
Taliamura(Tri) 32.00 -11.11 143.00 2250 2300 -
Kolhapur(Laxmipuri)(Mah) 30.00 NC 500.00 3000 3000 -
Mirzapur(UP) 30.00 3.45 594.50 1920 1915 4.35
Sirsa(UP) 27.00 - 121.00 2020 - -
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Dibrugarh(ASM) 26.00 13.04 405.20 2550 2550 -
Lohardaga(Jha) 26.00 18.18 295.50 1965 1760 12.93
Fatehabad(UP) 26.00 - 86.00 2100 - -
Jarar(UP) 25.00 - 80.00 2100 - -
Dhanura(UP) 24.00 - 30.00 2225 - -
Diamond Harbour(South 24-pgs)(WB) 22.00 10 62.00 1850 1850 -
Partaval(UP) 20.00 NC 719.50 2025 2025 3.85
Palghar(Mah) 19.00 -71.21 342.00 2150 2628 -
Banda(UP) 19.00 26.67 171.50 2175 2170 -
Champadanga(WB) 18.00 28.57 330.00 2400 2400 -
Alipurduar(WB) 18.00 NC 125.00 2200 2200 -
Chhibramau(Kannuj)(UP) 16.00 NC 169.00 2130 2150 -
Medinipur(West)(WB) 16.00 6.67 262.00 2400 2400 -
Lakhimpur(UP) 15.00 -25 116.00 2085 2100 -
Yusufpur(UP) 15.00 -31.82 302.00 1850 1850 -0.54
Raiganj(WB) 15.00 NC 446.00 2700 2700 -
Kolaghat(WB) 15.00 NC 240.00 2300 2300 -
Tamluk (Medinipur E)(WB) 14.00 NC 283.00 2300 2300 -
North Lakhimpur(ASM) 13.70 39.8 646.70 1900 1900 -
Jhansi(UP) 13.00 116.67 117.50 2100 2100 -
Giridih(Jha) 12.55 - 108.24 3500 - NC
Karvi(UP) 12.50 -7.41 54.50 2125 2125 18.06
Jahanabad(UP) 12.00 -4 128.50 2150 2130 -
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Jagnair(UP) 11.00 - 27.00 2100 - -
Mannargudi(Ker) 10.00 NC 255.00 4600 3100 -
Muradabad(UP) 10.00 25 260.50 2240 2230 12.00
Buland Shahr(UP) 10.00 66.67 195.00 2040 2055 0.74
Bhivandi(Mah) 8.00 -11.11 104.00 3070 3500 80.59
Bijnaur(UP) 8.00 -36 250.50 2180 2210 -
Naugarh(UP) 8.00 -27.27 295.50 2040 2040 7.37
Jeypore(Kotpad)(Ori) 7.90 46.3 106.30 4100 3100 26.15
Soharatgarh(UP) 7.50 - 16.50 2045 - -
Chengannur(Ker) 7.00 NC 276.00 2500 2450 -13.79
Raibareilly(UP) 6.50 -23.53 136.50 2030 2020 -0.98
Silapathar(ASM) 5.20 -89.6 419.80 3000 3000 NC
Khairagarh(UP) 5.00 NC 190.00 2090 2080 2.96
Nimapara(Ori) 4.50 NC 94.00 2200 2200 NC
Hailakandi(ASM) 4.00 NC 63.00 2700 2700 NC Jeypore(Ori) 3.60 -18.18 110.40 325 410 -
Mahoba(UP) 3.50 - 3.50 1750 - -2.78
Melaghar(Tri) 3.00 NC 59.30 2350 2350 -
Islampur(WB) 3.00 -25 141.00 2150 2150 -
Siyana(UP) 2.50 25 37.00 2060 2050 0.98
Bonai(Bonai)(Ori) 1.50 50 14.10 2000 2000 -16.67
Karsiyang(Matigara)(WB) 1.40 -12.5 25.60 2600 2600 -
Mangaon(Mah) 1.00 -66.67 18.00 2800 2800 -
Bharuasumerpur(UP) 1.00 - 1.00 1750 - -
Sardhana(UP) 1.00 NC 38.30 2080 2070 0.48 Kalimpong(WB) 0.80 -11.11 12.60 2450 2450 -
http://www.thehindubusinessline.com/economy/agri-business/article8167886.ece
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