World Grain - August 2015 - (Page 86)

RICE QUARTERLY Rice News Roundup FAO ups global rice trade forecast to 42 million tonnes ROME, ITALY - The United Nation's Food and Agriculture Organization (FAO) in July increased the forecast for global rice trade in 2015 to 42 million tonnes, nearly 700,000 tonnes above April projections. However, that is still some 800,000 tonnes short of the volume traded in 2014. Hiroyuki Konuma, FAO Assistant Director-General and 5HJLRQDO 5HSUHVHQWDWLYH IRU$VLD3DFL¿F VDLG GXH WR LQFUHDVLQJ domestic needs and lower production in 2014, it was likely that India's export market will tighten while stiff competition may see 9LHWQDP¶VRI¿FLDOVKLSPHQWVVOLGHDVZHOO "As a result, and notwithstanding the relatively poor production results, it is likely that Thailand will regain its No. 1 export position in 2015, even though its exports remain steady at around 10.9 million tonnes year on year," he said. While the global paddy production in 2015 is forecast to recover slightly from 2014, a year also marked by "climatic setbacks," Asia's three major rice exporting countries, Thailand, India and Vietnam, are already stressed by a lack of precipitation. Iran deal could boost India's basmati exports MUMBAI, INDIA - Lifting of global economic sanctions on Iran could lead to a new record level of basmati rice exports from India, analysts said in mid-July. Iran is also expected to cut import duty on Indian basmati from 40% to 20% for the new season starting in October. In 2013-14, India exported a record 1.44 million tonnes of basmati rice. This dropped 35% in volume and 39% in volume in 2014-15, with Iran almost halting imports from India since October 2014. Iran slipped to second place behind Saudi Arabia in 2014-15 after being the top export destination for two years. Typically, Iran takes nearly 25% of India's overall basmati exports. "Working on (last year's) lower base, we can see 40% to 50% growth WRVXUSDVVWKHSUHYLRXVUHFRUGRIPLOOLRQWRQQHVWKLV¿QDQFLDO\HDU´ said Ajay Sahai, director general of the Federation of Indian Export Organizations. Although agricultural commodities weren't formally covered by the Iranian sanctions, the ending of the restrictions would enhance the disposable income of Iranians through widening of trade. Iran had reduced basmati imports from India for two reasons. It had a large inventory from earlier shipments and, second, there were issues with arsenic levels in the rice. India is contesting that argument but it is possible that some of the rice came from belts where this is this problem and shipment could resume from elsewhere to address these concerns. Rice imports into Iran have a 40% duty in their harvesting season, which ends in October. Once the import duty is reduced to 20%, which happens normally in the lean season, India's export should commence in a big way. "The lifting of sanctions would have a positive long-term impact on India's rice export," said Karan A. Chanana, chairman, Amira Group, shipper of one brand of basmati. Rice Milling Expo planned Oct. 16-18 GONDIA, INDIA - The third annual Rice Milling Expo 2015 is planned Oct. 16-18 at Circus Ground Gondia, Maharashtra, India. Rice Milling Expo 2015 is an exhibition on rice milling, grain milling machinery and appliances. The main objective of this event is to bring the best of technologies and latest products to the regional 86 and adjoining area's millers. It is expected to attract a large number of rice millers, dal millers, grain millers, dealers and distributors, as well as end users from the industry who are interested in upgraded technology. More information is available at www.ricemillingexpo.com. August 2015 / World Grain / www.World-Grain.com http://www.ricemillingexpo.com http://www.World-Grain.com

Table of Contents for the Digital Edition of World Grain - August 2015

World Grain - August 2015
Table of Contents
From the Editor-in-chief - Global trajectory lower on prices
Calendar of Events
IAOM Southeast Asia District to meet Oct. 4-6 in Indonesia
News Review - Fairfax India to acquire National Collateral
Nibulon increases cargo transportation
Cargill enters into joint venture with Naturisa
Cargill opens two canola facilities in Canada
Canada identifies ways to improve grain handling
Masujima takes new role at Nisshin Flour Milling
Louis Dreyfus acquires grain terminal
Volac, Wilmar create global animal feed fats business
SinoGrain to invest in grain storage
Long-time miller David Sugden dies
IAOM Annual Conference & Expo planned April 4-8, 2016
HAROPA port sees exports rise for fourth year
E.U. cereal exports soar; new harvest above average
NCSP Group bulk cargo up 7.4%
Jungbunzlauer to acquire Ingredion facility
Grain Market Review - Coarse grains
Country Focus - Brazil
Technical Profile - Brazilian 'French Bread'
Regional Review - New Chinese agricultural policy
Regional Review - China pushes grain production higher
Regional Review - China seeks global reach in trading, processing
Feature - VICTAM International 2015
Feature - Aiming to boost production
Feed Operations - Concrete versus steel mill construction
Feature - Rice thickness grading
Rice Quarterly - FAO ups global rice trade forecast to 42 million tonnes
Iran deal could boost India’s basmati exports
Rice Milling Expo planned Oct. 16-18
Thailand confident rice exports will hit 10-million-tonne target
Japan considers import quota for Australian rice
Supplier News
Product Showcase
World Grain Archive
Ad Index/Reader Information Form International Faxback Program

World Grain - August 2015

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