Rice exports in the first seven months of this year are estimated to have dropped 10.6% from a year earlier to 3.6 million tonnes. Revenue from rice exports in the period was expected to drop 0.6% to $1.9 billion. July rice exports from Vietnam totalled 500,000 tonnes, worth $289 million.
Founded by Jeremy Zwinger in 2002, The International Commodity Institute is the umbrella organization that serves to offer clients an integrated media source that connects all critical aspects of the world rice industry. The institute brings together in-depth market reports and analysis (The Rice Trader publications), trade networking (World Rice Conference and other Events), expounding in various media (Weekly Direct TV Interviews), working with international producers of commodities (Farm & Trade), helping entities with global consulting, and international recognition for achievements and contributions to the global rice industry (World’s Best Rice Award and The Rice Trader Lifetime Achievement Award).
From farm to fork, from research to destination, the rice industry will be able to utilize the tools offered by the International Commodities Institute for insights and the ability to understand short, medium, and long term industry consequences, interpret market dynamics into commercial success.
For over 30 years, The Rice Trader publication has brought its subscribers crucial, up-to-the-minute information on rice trade through its daily and weekly publications. Acknowledged as the only source of confidential information about the rice market, this weekly summary of market data analysis has helped both the leading commercial rice companies and the regional government officials make informed decisions, which are critical in today’s market.
The Rice Trader is the world’s leading trade publication dedicated to in-depth analysis of the global rice industry. We assist your organization with valuable intelligence for risk management, trade, and decision-making abilities across the rice industry supply chain.
Rice is the staple food for over three billion people making it the world’s most important grain. Leaders from over 20 countries and every corner of the rice industry receive The Rice Trader. They rely on it to determine the most efficient ways to trade and transport this vital commodity. Comprehensive, in-depth market analysis makes The Rice Trader a pillar in the global rice industry and is the most profitable investment a person in this trade can make.
Acknowledge and honors development achievements through the prestige of our international awards, The Rice Trader aims to recognize and promote the development of the rice industry in countries that appreciate continuous development by education and research.
Published 48 times a year, the Weekly Report is a vital source for market intelligence. We serve our subscribers by delivering an integrated platform of information on rice origins, allied markets, and risk management tools. The Rice Trader combines market data with proprietary research to provide our clients the most comprehensive rice report in the world on a weekly basis.
Daily News Update from The Rice Trader features all of the most recent activities of the global rice industry from various related aspects and beyond.
The Rice Trader World Rice Conference is the world’s leading forum for rice industry professionals, and emphasizes on the global rice trade, with a strong reputation in bringing leaders and rice industry and the various elements that deliver rice, from farm to fork.
Team up from rice professionals, along with the companionship of researchers, enthusiastic advisors and reputed traders of the global rice industry who have decades of experience, The Rice Trader aims to deliver an integrated platform of information to the rice trade and allied industries that not only informs, but provides analysis, insight and valuable intelligence that will assist risk management, trade, and decision-making abilities across the rice industry supply chain.
|Jeremy Zwinger – President & CEO:|
|“As the world and market transforms, so must we or we will be left behind.”|
Jeremy Zwinger is the CEO/President of The Rice Trader, Farm And Trade, Inc., and International Commodity Institute. Mr. Zwinger is the founder of the World Rice Conference, along with several other key projects which help build bridges between a vast number of global entities. He was raised on his family’s farming operation in North Dakota, USA, and is a graduate of North Dakota State University, where he also attended graduate school for agriculture economics. Jeremy followed up this graduate school studies by taking on the position of the market analyst for U.S. Wheat in Washington DC, where he was able to get hands on experience in complexities of global trade and U.S. agricultural trade policy. His interests are broad, ranging from commodities markets to the digitalization of global business to the rapidly changing international cultural/geopolitical environment. Development of water distribution systems, ownership of water rights, and large-scale water trading are also key passionate interests. On a personal note, Mr. Zwinger is blessed with five children and an amazing family, whose support has allowed him to be here today.
A regular participant at international events and conferences, Mr. Zwinger has contributed extensively on the analysis of markets by predicting inter-commodity effects (rice, wheat, corn, soybeans, sugar, etc.), as well as currency and oil price led impacts on the rice markets. He is also well known among clients for his direct advisory work and market analysis that has proven to be very close to actual market developments. His 2007 speech forecast rice prices to go past $1,000 per ton levels, the more recent global food oversupply predictions, his prediction of the 2016 Trump presidency more than a year in advance of the U.S. elections, and a split 2020 election, are a just a few key examples that are well regarded.
Additionally, Mr. Zwinger has extensive experience that extends globally in the fields of publishing, brokerage, water trading, advisement, production financing, and consultancy services to a number of internationally respected players, including several Fortune 500 companies. He has consulted for many countries on key strategic interests, with direct access to heads of state and their cabinet members throughout the globe. More recently, he has become heavily involved in globally critical topics such as water rights and value, food security issues, electronic trading, international production financing, global investment strategies with a focus on the commodity fields, market development strategies, and the coming solar cycle, which is likely to lead to major global issues on a multitude of levels. In 2020, he was also made a lifetime member of the Farm Foundation, a prestigious agriculture and trade policy group, which helps make recommendations for the future, while facilitating key leaders into action. Mr. Zwinger has recently taken on the role of a weekly market discussion analyst on Direct TV, talking about the commodity markets and the important topics of the day. The changes brought on by Covid-19 have forced major developments in Mr. Zwinger’s business, where unique software was developed to help allow personalized networking with automated contracts. The goal remains of a more efficient trade mechanism in this new and ever-changing environment.
Mr. Zwinger looks forward to contributing more insights on the future and hopes to make yet another accurate assessment of the direction the market is headed in aid of those in attendance. As we have seen in the past, there are likely to be some interesting insights that come from his engaging and passionate discussions.
|V Subramanian – Vice President|
Subra is Vice President and a member of The Rice Trader team with primary responsibilities in the TRT’s Asian and African rice market coverage. As Vice President at The Rice Trader, Subra presents daily updates on rice market prices, market developments and the latest in dealings amongst buyers and sellers as well as to provide a significant contribution to the weekly TRT report that has a wide readership from the global rice trade.
Subra’s contributions extend to covers developments and market intelligence gathering across all major rice markets, with an emphasis on development of TRT’s focus on rice market verticals that look at markets specifics like white rice, parboiled rice, fragrant rice, basmati rice, broken rice as well as key price trends and analysis in global rice markets and how these relay market signals and trends in procurement. Special reports on African markets, China, Indonesia, the Philippines and all the major export markets of India, Vietnam, Thailand, Pakistan, US, South America, Myanmar and Cambodia are also part of Subra’s market specific special reports that provide readers with specialist insights into global rice markets.
Subra is well-known for his role in the TRT World Rice Conference (held since 2009) the annual meeting place for the global rice trade.
Subra was also Managing Editor of Rice Today, between 2009 and 2012. Rice Today is the flagship publication of IRRI that was published by the The Rice Trader from between 2009 and 2012.
Subra was previously part of IBC Asia (Informa Group) for 14 years between 1994 and 2008 and helped create several firsts including Asia’s first coffee, sugar, rice conferences, and the world’s first Dry Bulk Shipping conference in a role that saw him create and eventually head IBC Asia’s Commodities and Maritime Division.
Educated in Singapore and the United Kingdom - Economics degree (University of Leicester) and a Masters in Science (MSc) degree in shipping trade and finance (City University, London, now known as the Cass Business School), Subra started his career at the Singapore Trade Development Board compiling trade statistics between Singapore and Malaysia. Subra subsequently joined Peregrine Futures where he provided daily market reports and analysis (including fundamental and technical analysis) to clients on futures markets, with emphasis on Coffee, Cocoa, Sugar as well as the metals markets of the London Metals Exchange.
Testimonials about TRT
Mr. Chookiat Ophaswongse
Honorary President Thai Rice Exporters Association
The Rice Trader (TRT) is now the most recognized organization all over the world for Rice Business, this success came after investing so much of time and efforts over numerous years. You deserve to enjoy every moment of it! Congratulations my friend, and may you get much more success in the years to come in your business.
Mr. Mamadou Ciss
CEO, Alliance Commodities
“I have been trading rice since 1984 in various organizations and I have been a regular subscriber of TRT since the beginning.
TRT has revolutionized the way rice reports were and are written. They inspire and lead the rice market in its growing need to be informed on what’s going on.
I have always been satisfied with their services which I highly recommend to those willing to play a role in the rice industry.”
Mr. Henry Allard
President, Filhet-Allard Maritime
“The professionalism of the TRT team, as well as the high quality of information provided by its platforms, are two of the many reasons why Filhet-Allard Maritime is delighted to be a long-standing partner of TRT.
Year after year, TRT has proven to be a valuable tool for industry players and the annual World Rice Conference never fails to provide excellent networking opportunities. For over a decade, we have enjoyed an enriching partnership with TRT and we look forward to many more years of fruitful collaboration.”
Mr. Sujit Pande
Responsible for Global Marketing & Product Management activities of Rice Solution Business @ Buhler AG
“The Rice Trader and its associated business will be richer if we can track all relevant data and give impetus to its impact on future business scenarios. We at Buhler really appreciate depth of data and flow of facts brough by TRT team. “
Mr. Vivek Sharma
“I have been reading TRT and attending the World Rice Conference organized by them for 9 years now. I have gained tremendous knowledge and network by being a subscriber. The personal touch is present in every interaction and even though you may just be reading it on your laptop, you can hear the passion of Subra and Jeremy’s voice behind those lines. It is a boon for rice industry professionals. It brings together some of the brightest minds and nicest people on the planet, and I almost forgot, the most current and timely information available on Rice.”
Mr. Orly Manuntag
Managing Director, Goldmines Group of Companies
Thank you very much for THE RICE TRADER (TRT) it`s such a huge opportunity to me as a rice importer. Since I attended way back 2017, I have met a lot of reliable people in the supply and value chain of the Rice industry all over the world. Especially reputable exporters from Thailand, Vietnam, Myanmar, India, Cambodia, Pakistan and other part of the Globe.
The annual TRT World Rice Conference is very informative and useful to all the attendees. It brings great advantage in the decision making, forecasting and some management risk on my monthly importation plan and strategy.
We all know that rice and paddy has its own natural cycle in a year depends on the production areas and volume per metric tons. Thru TRT deep analysis based on their data gathered and presented per country of exports and imports you can depend on it and create a very good and strong foresight on supply and demand.
The declaration by the President of the Rice Farmers Association of Nigeria (RIFAN), Aminu Goronyo, few weeks back, that the country is now self-sufficient in rice production, could be perceived as a soothing balm to the already distraught Nigerians, who are struggling to survive this harsh living condition.
The Agricultural and Rural Development Bank (ARDB) on Wednesday confirmed its 2021 budget as $80 million to provide loans to rice mills and exporters so that they can purchase the rice from farmers.
Bangladesh rice production is forecast to tick up based on moderate precipitation and favorable weather, according to a report from the US Department of Agriculture’s Foreign Agricultural Service (FAS).
When asked to name the most important environmental issue facing the state today, Californians are most likely to mention water supply and drought—a shift from a year ago. About six in ten Californians approve of Governor Newsom’s handling of environmental issues, and a similar share approve of President Biden on the environment.
Genetically modified crops are common in countries such as the United States, but generally they’re modified for two things: efficiency and profit.
Prime Minister Pham Minh Chinh held a reception for Cuban Ambassador Orlando Nicolás Hernández Guillén in Hanoi on July 29, during which the host underlined Vietnam’s great attention to the close-knit friendship with Cuba.
More than 10 million residents of Ho Chi Minh City will be placed under a strict overnight curfew beginning Monday, an unprecedented move to curb infections as Vietnam battles a rapid Covid-19 surge.
Yanmar SP Co., Ltd., a leader in agricultural machinery in Thailand, demonstrated its new rice transplanter, the 6-row YR60D model, boasting its performance as being specifically engineered for Thai rice paddy fields.
Thailand has exported 2.2 million tonnes of rice with a value of US$1.38 billion in the first six months of this year, Vietnam News Agency (VNA) quoted The Nation newspaper.
The value of agricultural damage and losses caused by Typhoon “Fabian” has climbed to P615.72 million, the Department of Agriculture reported on Thursday.
The distribution of rice subsidy for residents here amid the coronavirus pandemic continues and is now on its second tranche. The city government launched “Bugas Para sa Taga-Roxas Food Security Program” on April 15 this year simultaneous with the city’s commemoration of President Manuel A. Roxas Day.
DAMAGE to agricultural production resulting from the southwest monsoon enhanced by typhoon Fabian (international name: In-Fa) has increased to P533.54 million from the previous estimate of P285.73 million, the Department of Agriculture (DA) said on Wednesday.
The Finance and Development Supervisory Agency (BPKP) has said it is monitoring the disbursal of rice aid to ensure it is reaching the targeted recipients and easing their burden amid the enforcement of public activities restrictions (PPKM).
The Bangka Belitung (Babel) Islands provincial government is conducting door-to-door distribution of rice assistance to avoid crowds amid the enforcement of level 3 and 4 of public activity restrictions (PPKM).
Indonesian President Joko Widodo has directed ministers to promptly disburse social assistance to people who have been affected the most by the enforcement of emergency public activity restrictions (PPKM).
A 2014 World Bank report on climate change effects along the coast estimated that by 2050, rivers in 10 of the region's 148 sub-districts would become moderately or highly saline. Hoping to create seeds that can survive such a scenario, Sheikh Sirajul Islam, a farmer from Haibatpur village near Shyamnagar, set up a rice research centre in his home, where he stores more than 155 local varieties.
The country is going through the most difficult phase of the pandemic. Health authorities are finding it difficult to cope with the surge of patients in district hospitals almost half of which do not have the facilities such as central oxygen plants and intensive care units (ICUs) to handle critical Covid patients.
In recent years, crop scientists in Bangladesh have developed a range of biofortified rice varieties rich with micronutrients such as zinc, iron and Vitamin-A, considered crucial for saving mothers from acute anemia and underaged children from stunting and wasting.
The outpouring of respect and affection shown by the Chinese people for plant scientist Yuan Longping after his death in late May spoke volumes about a man whose life’s work rescued millions from hunger and starvation.
The Dongzhuang Village in Liantang Town looks nothing special from other villages in Qingpu, or even elsewhere. Here, you can find crisscross rivers and beautiful rural scenery, which can be seen at other villages as well. But it is this village that has made remarkable progress in rural revitalization.
CHRISTIANS from North Korea who escaped into China are smuggling “holy rice” back across the border to those who are starving, as food supplies in North Korea are believed to be close to catastrophic collapse.
On receiving the report of “blast disease” of rice, a fungal disease, under Naginimora sub-division, Mon, office of the sub-divisional agriculture officer, Naginimora conducted an extensive survey and spot verification of infected jhum fields from July 10 to 17.
By exporting large quantities of these water-intensive crops, the country is actually shipping water. Despite pandemic-related restrictions and supply chain disruptions, the country’s agricultural exports touched a new high of $41.26 billion in 2020-21 — an increase of about 17 per cent from $35.15 billion in the previous year.
Punjab has brought 5.62 lakh hectares area under direct seeding of rice (DSR) this year which is highest ever in the state till date and it is an increase of 62,000 hectares from last year’s DSR area. All districts have recorded between 10 per cent to 46 per cent DSR area of total rice cultivation, respectively, except Ludhiana district where only 7.4 per cent area could be brought under DSR.
Pakistan’s exports to nine regional countries posted growth of 9.14 per cent while imports grew by nearly 36pc in FY21 from a year ago, latest data released by the State Bank of Pakistan showed.
Pakistan’s business community should focus on Morocco to boost exports to North African countries because the region offers a great opportunity for promoting trade and economic relations, said Pakistan’s Ambassador to Morocco Hamid Asghar Khan.
Established as a district on July 1, 1982, Khushab enjoys a unique topography in Punjab. Lying along the right bank of River Jhelum, it covers an area of 6,511sqkm and comprises serene and picturesque mountains, as well as fertile plains. Khushab city is a centuries-old settlement.
Sudan and Japan have signed and exchanged an agreement on a $2.73 million Food Assistance Project, “so that Sudan can fulfil its responsibility and meet its people’s food needs”. The agreement was signed in Khartoum on Monday by Sudan’s Minister of Finance and Economic Planning, Jibril Ibrahim, and the Japanese Ambassador to Khartoum, Takashi Hattori.
Solar energy, expected to replace nuclear power as a main source of electricity, has turned into a big headache across Japan, as solar power stations have proven to be eyesores and their impact on the environment destructive.
At the beginning of the summer, North Korean leader Kim Jong Un described the country’s food situation as “tense” after border closures caused by the coronavirus pandemic and crippling floods. By midsummer, a cycle of grinding heat and record-low rainfall could be a sign of a greater food crisis and hunger ahead.
South Korea’s industrial output increased in June as data do not yet reflect the negative impact of the COVID-19 resurgence here, Statistics Bureau data show Friday rice field. According to the National Statistical Office, seasonally adjusted production in all industries except agriculture, forestry and fisheries increased by 1.6% in June from the previous month.
In the first seven months of 2021, Cambodia exported a total of 5,032,968.60 tons of agricultural products to 64 countries, an increase of 2,342,981.39 tons, equivalent to 87. 10% compared to the same period in 2020 which was at 2,689,987.22 tons. This is according to the results of agricultural exports released on July 31.
The Food and Agriculture Organization of the United Nations in Liberia in July have completed the handover of sixty-six pieces of farm machineries to twenty-one women farmers’ cooperatives engaged in rice and vegetable production in four counties: Bong, Foya, Gbarpulo and Lofa.
Buvuma district security committee has stopped rice growing near the newly planted oil palm gardens to avoid the risk of their growth. The district security committee reached the decision after the rice growers in Kasansa village in Busamuzi sub county failed to control the fire they set to burn rice husks, spreading to the palm gardens belonging to Buvuma Oil Palm Uganda Limited-BOPUL burning close to two acres.
The government has with immediate effect banned the growing of rice and other crops in wetlands across the country. In a resolution passed by Cabinet chaired by President Yoweri Museveni, and communicated on Tuesday by the Minister of State for Environment Beatrice Anywar, the government says this is done to restore the environment that has been affected by these activities.
Jigawa state Governor Muhammad Badaru Abubakar has predicted that the ongoing rehabilitation and expansion of 6,000.00 Hadejia Valley Irrigation Project undertaken by the federal government and funded by the World Bank will produce over 150,000.00 tons of rice.
The President of Rice Farmers Association in Nigeria, yesterday attributed the high cost of food in the market, especially rice, to an increase in the exchange rate of naira to dollar, saying most of the inputs used for cultivation are imported.
Ethiopia and Japan have signed and exchanged notes on “Grant Aid for Economic and Social Development Program /Provision of Rice,” amounting to 2.7 million USD. Finance State Minister, Yasmin Wohabrebbi and Ito Takako, Ambassador of Japan to Ethiopia have signed the agreement.
When he assumed office on May 29, 2015, Governor Ben Ayade of Cross River State was clear on what he wanted for his state. His dream was to turn the state into a vibrant economic hub that would transform it into an investor’s haven as well as the people’s dream home.
The cost of food items in Nigeria has been recording significant increases in the past one year. A survey carried out by our correspondents in markets across Lagos, Ogun and Federal Capital Territory showed that staple food commodities have witnessed astronomical price hikes.
The completion of the Sh19 billion Thiba dam in Kirinyaga will increase the farmers’ income from the current Sh8 to Sh12 billion as more acreage will come under rice farming.
Nigeria is presently facing its biggest rise in food prices as inflation continues to clamber up all over the world even as the global economy slowly recovers from the coronavirus pandemic with a number of consequences for the nation.
One of Australia's top food brands – SunRice – has fallen victim to counterfeiting perpetrated by a criminal group based in Eastern Europe, which has resulted in knock-offs of its products found in more than a dozen countries worldwide.
Australian rice producer SunRice has announced it has enhanced its microwave pouch range to create rice that is fluffier, softer and tastier than its previous products. The company has invested $4.5 million in upgrading its specialty rice foods facility in Leeton in the Riverina region of Australia to deliver the microwavable products.
Pakistan’s exports to Italy recorded a 49 per cent growth on a year-on-year basis to $786 million in the outgoing fiscal year 2020-21 despite the fact that the Covid-19 pandemic had hit the Italian market.
In recent years, precision biotechnologies have appeared on the Latin American horizon, introducing new ways to modify genomes affordably easily and precisely. Latin America has become an area that welcomes gene-edited crops in most of its territories. Researchers are developing tropical products for local use.
A $21 million contract has been awarded to Manohar Service for the construction of a laboratory at the Burma Rice Research Station on the East Coast of Demerara. The contract was signed Wednesday at the Ministry of Agriculture.
Low water levels on the Parana River in Argentina are forcing grain exporters to reduce the size of their cargo, according to a July 15 report from Reuters. Dryness in Brazil, where the Parana River originates, has caused a delay in the movement of thousands of tonnes of grain, Reuters reported.
The Louis Dreyfus Co. (LDC) debuted its $2.7 million investment at its grains and oilseeds storage site in Campo Largo, Chaco Province in Argentina with a ribbon cutting ceremony.
Planted area of 2021 sorghum crop estimated at above-average level. Imports of cereals in 2021/22 forecast at high levels. Prices of yellow maize and rice declined seasonally in March-May period. Concerns on food security situation amid third COVIC-19 pandemic wave
GUYANA’S rice industry continues to be one of the leading income earners locally, raking in US$123,023,868 (G$25.7 billion) from the export of paddy, rice and rice by-products between January and June 2021. This is according to Minister of Agriculture, Zulfikar Mustapha, who said that during the aforementioned period, some 280,878 tonnes of paddy were produced.
Drought and mismanagement of water resources are fuelling anger at Iran’s government, sparking protests in which at least eight people have been killed.
Iran is the fourth largest importer of rice in the world with the annual purchase of 1.2 million tons worth $880 million, chiefly from India, according to a report by Iran Chamber of Commerce, Industries, Mines and Agriculture.
The Ministry of Agriculture has even been boasting about the cultivation of this highly water-intensive crop. Growing rice in lands other than those bordering the Caspian Sea is like shooting oneself in the foot.
Many in Khuzestan province where big crowds in over a dozen cities and towns have been protesting over water shortages for more than a week blame policymakers. Officials have said that at least 700 villages in the province are receiving regular supplies of water by tanker trucks.
Iran’s customs office IRICA has called on the government to dismantle a seasonal ban on imports of rice, a demand echoed by rice importers amid low supplies of the staple in the country which could cause a sharp increase in prices over the summer.
Bangladesh rice production in marketing year (MY) 2021/22 is forecast to increase to 36.2 million metric tons (MMT) of milled rice production. Favorable weather and moderate precipitation during the planting and growing stages of Aus rice will drive higher yields. Rice and wheat import forecasts for MY 2021/22 are unchanged.
On July 21, 2021, the Philippines became the first country in the world to approve Golden Rice for commercial propagation, which aims to reduce malnutrition. In so doing, the Philippines has again demonstrated its commitment to embracing scientific innovation as a tool to advance Sustainable Development Goal number 2.
Export prices of all grades of rice decreased one percent due to a further weakening of the Thai baht against the U.S. dollar.
Grain production in Australia is set for a second consecutive big year of production after two years of drought. For the winter crops, wheat area is forecast to slightly increase in MY 2021/22 and barley area is expected to decrease a little. In the April to June planting and early growth period for wheat and barley, rainfall has overall been very good across the growing regions. The rainfall forecasts for July to September for all winter crop growing regions is very favorable with expectations for above average rainfall. If realized, this will set the crops up for well above average yields. For the summer crops, sorghum production in MY 2021/22 is forecast to rise slightly while rice is forecast for a large boost in production.
Wheat production in marketing year (MY) 2021/22 is projected at a record 20.8 million tons, 300,000 tons higher than USDA Official. As a result, wheat exports are also forecast to be the highest in history at 14.0 million tons (including wheat flour). Barley production in MY 2021/22 is forecast at 4.8 million tons, in line with USDA Official, however, exports are forecast at 3.2 million tons, 300,000 tons lower than USDA Official on higher projected domestic consumption. Corn production in MY 2021/22 is also forecast at a record of 51.5 million tons, slightly higher than USDA Official because of marginally larger acreage. Exports are forecast at 37.4 million tons, 1.4 million tons higher than USDA Official on higher production and beginning stocks. Sorghum production in MY 2021/22 is projected at 4.5 million tons, 350,000 tons higher than USDA Official and nearly the highest in a decade in response to strong Chinese demand. Rice production in MY 2021/22 is forecast at 845,000 tons milled basis, slightly.
MY2021/22 EU total grain production is now anticipated at 293.3 MMT. Abundant rainfall in April and May, while bad for timely spring planting operations, improved soil moisture across the EU and alleviated drought concerns. However, mild temperatures have delayed growth across the EU, putting pressure on the new crop.
The 2021 monsoon kicked off with some force in June, reaching four-fifths of the Indian subcontinent. Monsoon winds stalled on June 19 in the northern Indian plains, slowing the kharif crops' plantings. As forecasts predicted, the monsoon resumed in the second week of July.
South Africa should remain a net exporter of corn in the 2021/22 marketing year (MY) on excess supplies. In the 2020/21 MY, South Africa will be able to increase corn exports by 40 percent to 3.5 million tons, after the production of a second consecutive bumper crop.
Export prices of all grades of rice decreased 2-3 percent due to a further weakening of the Thai baht against the U.S. dollar caused by increasing concerns of the current COVID-19 situation in Thailand.
Russia wheat production for the 2021/22 crop year is estimated at 85.0 million metric tons (mmt), down 1 percent from last month and down slightly from last year’s record, but up 9 percent from the 5-year average
Significant fire weather conditions are expected in Southern California this week. The National Meteorological Service said that from Sunday, August 1st to Thursday, August 5th, unseasonably dry fuel is expected to be hot, dry and windy across valleys, mountains and deserts. rice field.
A state-wide Flex Alert issued by the California Independent System Operator to encourage residents to voluntarily save electricity from 4 pm to 9 pm Wednesday as temperatures rise in parts of California. rice field.
Arkansas rice farmers watching fall armyworms obliterate their fields can now fight back, with the federal Environmental Protection Agency on Wednesday granting a crisis exemption enabling growers to use a needed insecticide.
President Joe Biden’s latest leap into the Senate’s up-and-down efforts to clinch a bipartisan $1 trillion infrastructure deal comes with even more at stake than his coveted plans for boosting road, rail and other public works projects.
A rise in COVID-19 cases is prompting the University of Arkansas System Division of Agriculture to cancel in-person field days, with some morphing into online formats.
Dr. Justin Chlapecka has been named Rice Extension Specialist and Assistant Research Professor with the University of Missouri, effective August 1.
A rise in covid-19 cases is prompting the University of Arkansas System Division of Agriculture to cancel in-person field days, with some moving to online formats. The Division of Agriculture had four in-person field days on the calendar, all planned when vaccinations were offered and covid case numbers were low.
Although Indiana farmer Kip Tom left his post in January as the U.S. Ambassador to the United Nations Agencies for Food and Agriculture, he is keeping tabs this week as the U.N. holds events while global agricultural leaders gather in Rome.
The “Dome of Doom” lives on. This the high pressure system is centered in the Corn Belt and has been for well over a week. The forecast today has surged back to warmer and drier in the 14-day forecast, and it’s quite obvious the Dome has not subsided at all.
In California, one of the worst droughts on record has touched off a kaleidoscopic range of emergencies, amplifying age-old resource conflicts as leaders call for conservation by cities, curtailments to farmers and coordination across the board.
Basmati rice isn't just one of the most popular varieties of rice across the world — it's also the longest grain rice in existence. And its unique qualities don't stop there: basmati rice is also known for its light and airy texture, floral aroma, and nutty flavor. According to Institute of Culinary Education chef Palak Patel, authentic basmati rice also has a distinctive sheen to it and is tapered towards the end.
A shipowner tries to fix freight rates in such a way as to recover capital costs, depreciation, operating costs, agency commission, administrative expenses and other overheads, and get a reasonable return on investment. But with coronavirus taking a toll on the global economy and seaborne trade in early 2020, the container shipping sector was badly hit.
With the COVID-19 pandemic finally starting to ebb, speakers at this year’s International Grains Council (IGC) Conference, held virtually June 8-9 as a precautionary measure, said the global grains and oilseeds supply chain has handled COVID-19 well, despite wrestling with labor supply problems, closed borders, high shipping costs and wild swings in demand.
Back-to-back droughts followed by plagues of locusts have pushed over a million people in southern Madagascar to the brink of starvation in recent months. In the worst famine in half a century, villagers have sold their possessions and are eating the locusts, raw cactus fruits, and wild leaves to survive.
Drought can have a lasting impact on the community of microbes that live in and around roots of rice plants, a team led by UC Davis researchers has found. Root-associated microbes help plants take up nutrients from the soil, so the finding could help in understanding how rice responds to dry spells and how it can be made more resilient to drought. The work is published July 22 in Nature Plants.
Researchers are learning how to manage rice fields when paraquat drifts onto them early and late in the season, but what impact this herbicide has on grain quality and what happens when drift occurs midseason are still unknowns.
Rice is the world's most commonly grown and consumed crop. It also supports lives and livelihoods, especially in low- and middle-income regions. As such, methods for securing abundant and profitable rice harvests are key in global food security.
Prominent Ba farmer Kishore Chand who recently harvested over one tonne of paddy from his farm has urged other rice growers in the country to take advantage of the Ministry of Agriculture (MOA) initiatives.
A startup born in the lab of University of California, Berkeley, is aiming to replace synthetic fertilizers that contribute to greenhouse gases and so-called 'dead zones' in the ocean. Pivot Bio's products use microbes to create and feed nitrogen to corn and wheat crops.
In a first, scientists in Japan have developed a new vaccine ‘drink’ to protect against cholera, by grinding up genetically modified (GM) grains of rice. The first human trial has shown good immune response, according to a report in The Lancet.
Amid all the hype hydrogen is getting lately as an energy source, the reality is that this fuel faces significant challenges in scaling up in the global energy system. That’s the lead conclusion of the Innovation Insights Briefing prepared by the London-based World Energy Council (WEC) in collaboration with the Electric Power Research Institute (EPRI) and PwC.
A year ago, the idea of a carbon border tax was more of a hypothetical than an actual plan. But a year ago, the EU had not yet tightened its already tight emission reduction targets that forced a number of businesses in highly polluting industries to invest in emission-cutting.
To say that the six countries that make up the Gulf Cooperative Council (GCC) live and breathe hydrocarbons is hardly an exaggeration. About 60 years ago, the average city in Saudi Arabia, the United Arab Emirates (UAE), Kuwait, Qatar, Bahrain, and Oman was home to maybe a few thousand people; fast forward to the present and many cities have transformed into world-class metropolises thanks to the region's vast oil and gas riches.
Worry about oil demand sparked by the resurgence of Covid-19 in some parts of the world and a fund selloff in oil futures has reversed the recent price rally. OPEC+ reaching a deal about future production lent an assist.
Earlier this year, the Biden administration said it planned to build offshore wind power generation capacity to the tune of 30 GW by 2030, creating more than 44,000 direct jobs and close to 33,000 indirect ones. To date, the United States has wind power capacity of 118 GW. Of this, only 42 MW is offshore wind. And According to IHS Markit, the 30 GW additional capacity target will almost certainly be missed.
Earnings season is here with us once again, with a quarter of S&P 500 companies having reported second-quarter 2021 earnings. According to FactSet data, 88% of S&P 500 companies have reported a positive EPS surprise, while 86% have reported a positive revenue surprise.
Norway doesn’t have any second thoughts about oil exploration and investment in light of the International Energy Agency’s (IEA) report suggesting that no new fossil fuel exploration would be needed for a net-zero world.
As the world gets warmer, regions around the world are experiencing sweltering heat waves and setting records for high temperatures almost every passing year.
Oil prices steadied on Monday after a choppy session as the spread of the COVID-19 Delta variant stoked fears about fuel demand, but losses were limited by forecasts that crude supply will be tight the rest of the year.
Saudi Arabia has suspended the privatisation of the Ras Al Khair desalination and power plant, one of a number of state assets that the government aimed to sell to reduce pressure on capital spending and diversify revenues away from oil.
Thought of the week
Never Win ...
“You will never win if you never begin.”
-- Helen Rowland --