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For Blog & News Letter Advertisment contact to write : Mujahid Ali mujahid.riceplus@gmail.com

www.ricepluss.com & www.riceplusmagazine.blogspot.com

Daily Global Rice e-Newsletter

Aug ,2015

Vol 5,Issue XIII

August 13 ,2015

Vol 5,Issue XIII

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Unedited Version

International Benchmark Price Price on: 13-08-2015

Product Benchmark Indicators Name Price

Rice

1 CZCE Early Rice Futures (USD/t) 400

2 Pakistani 100%, FOB Karachi (USD/t) 318

3 Pakistani 25% Broken (USD/t) 383

Wheat

1 Black Sea, FOB Brazil (USD/t) 177

2 NYSE Liffe Feed Wheat Futures (USD/t) 184

3 GFO, HRW, DAT Ontario (USD/t) 189

Peanuts

1 South Africa, HPS 70/80 peanuts CFR main European ports (USD/t) 1200

2 South African, HPS 40/50 peanuts CFR main European ports (USD/t) 1592

3 US 38/42 Runners, CFR NW Europe (USD/t) 1250

Source:agra-net For more info

Market Watch Commodity-wise, Market-wise Daily Price on 13-08-2015

Domestic Prices Unit Price : Rs per Qty

Product Market Center Variety Min Price Max Price

Jowar (Sorgham)

1 Botad (Gujarat) Other 2250 2250

2 Theni (Tamil Nadu) Other 1340 1400

3 Solapur(Maharashtra) Other 1575 2210

Maize

1 Amreli (Gujarat) Other 1450 1745

2 Hajipur (Bihar) Other 1475 1525

3 Theni (Tamil Nadu) Other 1480 1580

Pine Apple

1 Chala (Kerala) Other 3500 3554

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2 Shillong (Meghalaya) Other 2000 2400

3 Sirhind (Punjab) Other 1500 2500

Cauliflower

1 Sirhind (Punjab) Other 1300 2500

2 Satara (Maharashtra) Other 1500 2000

3 Surat (Gujarat) Other 1500 1800

Source:agra-net For more info

Egg Rs per 100 No

Price on 13-08-2015

Product Market Center Price

1 Ahmedabad 337

2 Mysore 357

3 Nagapur 315

Source: e2necc.com

Other International Prices Unit Price : US$ per package

Price on 12-08-2015

Product Market Center Origin Variety Low High

Potatoes Package: 50 lb cartons

1 Atlanta Colorado Russet 22.50 22.75

2 Baltimore Idaho Russet 21 24

3 Detroit Idaho Russet 18 19.50

Cabbage Package: 50 lb sacks

1 Atlanta Georgia Round Green Type 10 10

2 Baltimore Maryland Round Green Type 9 9

3 Miami Canada Round Green Type 12 14

Grapefruit Package: 7/10 bushel cartons

1 Atlanta California Red 22.50 24.50

2 Dallas California Red 21.75 21.75

3 Miami California Red 20 20

Source:USDA

Government Jobs 2015: Central Rice Research Institute,Cuttack Recruitment for 11 Posts Suggested Readings: Senior Technical Officer,Senior Technical Assistant,Stenographer,Skilled Support Staff Posts,CRRI

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Kristina Das | August 13, 2015 4:41 PM

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Government Jobs 2015: High Court Madhya Pradesh Recruitment for 38 Stenographer &

Translators Posts

CGCRI Kolkata Recruitment 2015 for Project Assistant Post: Walk-in-interview

University of Agricultural Sciences, Dharwad Recruitment 2015 for 3 posts

Government Jobs 2015: Central Silk Board Recruitment 2015 for 2 Director Posts

Application has been invited Central Rice Research Institute Cuttack (Orissa) for employment 11

Senior Technical Officer, Senior Technical Assistant, Stenographer & Skilled Support Staff Posts.

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Those who are interested and eligible can apply on or before August 31, 2015. The applicants will be

selected on the basis of their performances in examination.

The official notification has been published and the application should be sent on time. The Central

Rice Research Institute is situated near Bidyadharpur village on the Cuttack-

Paradip Road,Odisha, India. It is one of the premier national research institutes under the Indian

Council of Agricultural Research. Every information about the recruitment is there in their official

website i.e.www.crri.nic.in.

Total Number of Posts: 11 Posts.

Name of the Post:

Senior Technical Officer- 4 Posts

Senior Technical Assistant- 4 Posts

Stenographer- 1 Post

Skilled Support Staff- 2 Posts

Educational Qualification:

Senior Technical Officer: Master‟s degree in Agricultural Extension/Soil Science & Agricultural

Chemistry/Agricultural Entomology/ Plant Pathology/ Nematology or equivalent qualification

from a recognized University.

Senior Technical Assistant : Bachelor‟s degree in Computer application/ Computer Science or

equivalent qualification from a recognized University OR Bachelor‟s degree in Agriculture or

equivalent qualification from a recognized University.

Stenographer: 12th Class pass or equivalent from a recognized Board or University with

knowledge of Computer.

Skilled Support Staff: Matriculation or equivalent pass OR ITI pass.

Pay Scale:

Senior Technical Officer- Rs. 15600- 39100/- + Rs. 5400/- Grade Pay.

Senior Technical Assistant- Rs. 9300- 34800/- + Rs. 4200/- Grade Pay.

Stenographer- Rs.5200- 20200/- + Rs. 2400/- Grade Pay.

Skilled Support Staff- Rs.5200- 20200/- + Rs. 1800/- Grade Pay.

Age Limit:

Senior Technical Officer : 21 to 35 years

Senior Technical Assistant : 18 to 30 years

Stenographer : 18 to 27 years

Skilled Support Staff : 18 to 25 years

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Selection Process:

Candidates will be selected on the basis of their performance in interview, written test and

experience.

Important Dates:

Last Date for Submission of Application Form: August 31, 2015.

Application Procedure:

Eligible and interested candidates may apply in prescribed application form along with attested

copies of their certificate and Crossed Demand Draft send to The Senior Administrative Officer,

Central Rice Research Institute, Cuttack-753 006 (Odisha) on or before August 31, 2015. For more

information about the above mentioned vacancy please visit their official website i.e.www.crri.nic.in.

View More Government Jobs.

Image Courtesy: Wikipedia

http://www.prepsure.com/news/government-jobs-2015-central-rice-research-institutecuttack-

recruitment-for-11-posts/

4-H members make crafts, learn during

the 2015 Arkansas Rice Expo held in

Stuttgart Also attending the Rice Expo with Lockley from the Arkansas County Extension office were

Grant Beckwith, Arkansas County Farm Agent-Rice, La Taaka Harvey, Family and Consumer

Science Agent and Chuck Wilson, the director of the University of Arkansas Rice Research

Center.

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COMMENT

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Photo by Bill Shrum/Stuttgart Daily Leader4-H members Gracelyn Caplener and Will Phillips work on crafts during the 2015 Arkansas

Rice Expo that was held at Stuttgart's Grand Prairie Center.

» RELATED CONTENT

o • Community Calendar

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o • Agriculture leads talk at Farm Bureau meeting in DeWitt

o • Rice Producers hold summer board meeting

o • Hutchinson: In rice to Cuba and other export markets, Arkansas needs to be No. 1...

o • Locals to judge 2015 Arkansas Rice Expo Rice Recipe contest Friday in Stuttgart...

o

By Bill Shrum

bshrum@stuttgartdailyleader.com

Posted Aug. 13, 2015 at 12:08 PM

STUTTGART —

The Arkansas 4-H clubs were invited to the 2015 Arkansas Rice Expo, which was sponsored by the University of

Arkansas Rice Research Center in Stuttgart. Also invited were the University of Arkansas Extension Services in

Little Rock, the agencies in the surrounding counties and Arkansas County Extension Service.

"There were three adults from Arkansas County 4-H and seven 4-H youth members," Alta Lockley, Arkansas

County 4-H coordinator, said.

Lockley added that Miss Arkansas County Rice Delia Barett was distributing cards to a number of people at the

event with her recipe, along with other county winners.

Also attending the Rice Expo with Lockley from the Arkansas County Extension office were Grant Beckwith,

Arkansas County Farm Agent-Rice, La Taaka Harvey, Family and Consumer Science Agent and Chuck Wilson, the

director of the University of Arkansas Rice Research Center.

Master Gardeners of Arkansas County had three ladies, Jean Prange, Betty Archer and Frankie Long, who

represented the organization and judged the rice centerpiece contest.

Marsha Heien, a Master Gardner member and Stuttgart resident, was a finalist in the Arkansas County Recipe

Contest

4-H is the premier youth development program conducted by the University of Arkansas, Division of Agriculture,

Cooperative Extension Service. The program is conducted in many forms to include community clubs, special

interest projects, in-school clubs, school enrichment, judging teams and more. The youth learn leadership,

communication skills, problem-solving, decision-making and life skills through a variety of projects.

These programs include nutrition, ATV safety, shooting sports, outdoor education, aerospace, animal science,

robotics, forestry, entrepreneurship, performing arts, citizenship, interior design health and leadership.

October is 4-H Month and is proclaimed by local governments and government leaders in the region and area. There

is an annual reception.

The 4-H members from Arkansas County attending the Rice Expo were Chloe Belle Grantham, Mary Claire

Grantham and Ava Grace Grantham, of Spirit of '76 4-H Club; the Clover Kids 4-H Club members Rob Phillips,

Will Phillips, Josh Goldman, Julie Ann Goldman, Chloe West, Malachi West and Kameran Hudson.

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The 4-H mission is to provide opportunities for youth to acquire knowledge, develop life skills, form attitudes and

practice behavior that will enable them to become self directing, productive and contributing members of society.

The 4-H emblem is a four-leaf clover with an "H" on each leaf The letters in the emblem stand for Head, Heart,

Hands and Health.

The 4-H Motto is to "Make the Best Better" was suggested by Miss Carrie Harrison of USDA and adopted by a

committee of state and national leaders in 1912. The color of green stand for nature's most common color,

symbolizes springtime, life and youth, according to the group's history. The white symbolizes purity and high ideals.

4-H events and activities are designed to add hands-on education to the three primary 4-H programs and by

providing physical, mental, social and emotional growth opportunities, 4-H events give members positive,

meaningful experiences. For more information concerning the Arkansas County 4-H Club or to become a member or

an adult leader, contact the extension office at (870) 673-2346 or (870) 946-3231.

http://www.stuttgartdailyleader.com/article/20150813/NEWS/150819829

Global and China Agricultural Machinery Industry

Report, 2014-2016

NEW YORK, Aug. 13, 2015 /PRNewswire/ -- Since the implementation of policy of subsidies for purchasing agricultural machinery in 2004, China agricultural machinery industry has maintained double-digit growth, even with the operating revenue growth rate of 33.8% in 2011. However, China agricultural machinery industry transferred to a new situation ("New Normal") in 2014 as the in-depth adjustment of industrial structure accelerated. In 2014, the operating revenue only went up by 8.8% year on year, and the growth rate fell by 7.5 percentage points from 2013.

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After years of rapid growth, China's tractor, wheat& rice harvester, transplanter and other markets declined to varied extent in 2014, in which the tractor market slumped most evidently, especially small tractors. Although China agricultural machinery industry witnesses landslide, the total subsidies and agricultural mechanization level continue to rise. In 2014, the subsidies amounted to RMB23.755 billion, setting a new record high; the total power of agricultural machinery reached 1.076 billion kilowatts, representing a year-on-year increase of 3.6%; the agricultural mechanization level hit 61.0%, fulfilling the goal of "Twelfth Five-year" Plan in advance. At the same time, the mechanization level of three major crops (wheat, corn and rice) has improved significantly, especially corn and rice. The mechanization rate of corn harvesting jumped from 10.6% in 2008 to 55% in 2014; and that of rice harvesting soared from 51.2% to 81.0%. In contrast, the mechanization of potato, cotton, rapeseed, peanut and other crops still stays at a low level, which will be the development focus of the industry in future.

In addition, national industrial policies, market potentials and other factors have propelled almost all of well-known foreign agricultural machinery enterprises and powerful Chinese machinery and equipment manufacturers to successively access into the Chinese agricultural machinery market.

John Deere: This leading agricultural machinery manufacturer in the world achieved the sales of USD32.96 billion in FY2014, of whichUSD27.12 billion came from agricultural machinery. Currently, it has set up plants in Tianjin, Harbin, Ningbo, Jiamusi and other places of China as well as established joint ventures with Tianjin Tractor Manufacturing Co., Ltd. and XCG to produce 20-to-120 horsepower tractors and 75-to-203 horsepower combine harvesters. CNH: As of June 2015, it has established eight companies in China, including four manufacturing plants located in Harbin, Shanghai, Foshan and Urumqi. Harbin Base was officially put into operation in July 2014 as Northeast China's largest manufacturing base of agricultural machinery. YTO Group: The business of the largest tractor producer in China is mainly conducted by its listed subsidiary -- First Tractor Company Limited. Impacted by the fast-declining domestic tractor market, the tractor sales volume of YTO fell by 22.6% year on year to 82,037 in 2014; the annual revenue from agricultural machinery dropped 18.7% year on year to RMB7.38 billion. FotonLovol: In 2014, FotonLovol gained the revenue of RMB21.98 billion, wherein Lovol agricultural equipment revenue exceededRMB10 billion. In 2015, the company develops medium and high-end agricultural machinery aggressively. In January, it acquired Matt Mark which is an European high-end agricultural machinery enterprise; in March, the phase I of its high-end agricultural machinery (mainly balers, grain dryers and the like) project with the total investment of RMB2 billion was officially put into operation. Zoomlion Heavy Machinery: Formerly known as Chery Heavy Industry, ZoomlionHeavy Machinery changed its name in October 2014.The parent company Zoomlion holds 67.51% stake. The construction of ZoomlionBozhou Industrial Park commenced inFebruary 2014 and ended in December of the same year, with the planned annual capacity of 1,500 large-scale forage harvesters, 10,000 self-propelled corn harvesters, 6,500 sets of large-sized agricultural machinery and 14,500 sets of key agricultural equipment parts. The report focuses on the followings:

20120114.gifStatus quo of global agricultural machinery market and agricultural machinery development in major countries;

20120114.gifChina's major policies and subsidies for agricultural machinery;

20120114.gifOverview, main products, major enterprises and agricultural mechanization of China's agricultural machinery industry; 20120114.gifDevelopment of major agricultural machinery segments including tractors, harvesters, rice transplanters and agricultural vehicles;

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20120114.gifDevelopment of agricultural machinery industry in seven major provinces including Shandong, Henan and Heilongjiang; 20120114.gifOperation, R & D and development strategy of six global and 14 key Chinese agricultural machinery enterprises.

Read the full report: http://www.reportlinker.com/p0286402-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - instantly, in one place.

http://www.reportlinker.com __________________________ Contact Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001

http://www.prnewswire.com/news-releases/global-and-china-agricultural-machinery-industry-report-

2014-2016-300128396.html

Tambuwal urges FG to end rice

import waiver ⌂BACK TO HOMEPAGE SUBSCRIBE TO RSS FEED

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August 13

19:13 2015

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�by Taiwo George 0 Comments

Advertisement

Aminu Tambuwal, governor of Sokoto state, wants the federal government to end the current

waiver regime being enjoyed by rice importers.

Speaking on Thursday when he played host to Muhammad Kabir, the new area controller of

the Nigeria Customs Service (NCS) for Sokoto Zamfara and Kebbi states, Tambuwal said

the development is hampering local production of the commodity.

He said the quality of rice produced locally is better than most of the ones imported into the

country, adding that Nigeria has what it takes to produce enough rice to meet the needs of

the continent.

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“We have the potential to meet Africa‟s rice needs,” he said.

Tambuwal said preliminary studies have shown that unfavourable government policies have

been affecting efforts to boost local rice production.

He identified waiver to importers as a major impediment to states‟ objectives to achieve

local self-sufficiency, saying his administration will continue to support local farmers

producing the commodity.

The governor said his counterparts in Sokoto, Zamfara, Kebbi and other states where rice is

produced will team up to present a common demand to the federal government in order to

ensure development of the product locally.

While commending NCS for its role in law enforcement, Tambuwal said his administration

will do its best in assisting customs achieve its set objectives.

Earlier in his remarks, Kabir commended Tambuwal for the harmonious working relationship

between the state and NCS under his command.

https://www.thecable.ng/tambuwal-urges-fg-end-rice-import-waiver

his Page!

Print

Cambodia is trying to export more rice to China but regional competition is increasing. Photo: Chris Graham/AusAID

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China Rice Deal Gets More Urgent Khmer Times/Igor Kossov Thursday, 13 August 2015 578 views

PHNOM PENH (Khmer Times) – Cambodia‟s need to secure China as a rice export destination is becoming increasingly urgent, with China‟s multiple pending agreements with other countries in Southeast and South Asia, said industry insider David Van.

China recently signed a deal with Thailand for 1 million tons of rice, with another million in a pending agreement before the end of the year, according to Mr. Van, a senior advisor with the Bower Group. He added China would also sign a deal with Laos for 300,000 tons. It also plans to import more non-Basmati rice from India.

“We have tougher competition for the China market,” Mr. Van told Khmer Times. “As the Chinese vice president stated candidly earlier this year at the last China-GMS meeting, Cambodian rice is too expensive and still relatively „unknown.‟”

China is the world‟s largest rice importer, taking in 4 million tons every year and the amount keeps growing. Negotiations are ongoing to reestablish an import quota from Cambodia after last year‟s 100,000 ton quota expired in April.

The Cambodian Ministry of Agriculture and the Chinese Chamber of Commerce weren‟t immediately available for comment on Thursday.

Need To Diversify

China is the biggest single rice importer from Cambodia, but the combined EU countries still account for most of Cambodia‟s export market, according to the Secretariat of One Window Service for Rice Export Formality.

Cambodian exporters are worried about the EU‟s free trade deal with Vietnam, which would eliminate Cambodia‟s tariff-free advantage. They say that Cambodia needs to up its exports to China and other regional players, including Malaysia.

The Kingdom‟s low margins and high shipment costs make it difficult to turn a profit, especially with non-fragrant rice, according to Song Saran, head of Amru Rice, a top exporting company. Mr. Saran said that between 60 and 70 percent of Cambodian exports to China consist of long grain white rice.

“We are concerned about the supply chain. We spend a lot on fertilizer and our production and harvest cost is very high,” said Mr. Saran. “Other challenges are electricity and milling costs. And another challenge is logistics, because we have high costs in freight from our ports.”

Currency Issues

The recent fall of many Asian currencies, including the Chinese yuan, Thai baht and Vietnamese dong against the dollar may further eat away at Cambodia‟s status as an exporter.

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"Our competitiveness will erode," if the pattern persists,” said Chan Sophal, director of the Centre for Policy Studies and agricultural economist.

Focus on Branding

Mr. Van said Cambodia had failed at its goal to produce 1 million tons of rice by this year and has to focus on more realistic goals that actually take its high value jasmine rice to the regional market.

“I‟d rather focus on developing and branding our own high value jasmine or fragrant rice, where the margin would be far more sufficient,” he said.

Cambodia produces award-winning Phka Rumduol rice, which is similar to Thailand‟s jasmine rice. According to the UN‟s Food and Agriculture Organization, fragrant rice fetches some of the highest prices in the world.

As of March, Thai fragrant rice was worth $1,082 a+ ton, while non-fragrant varieties ranged from $300 to $600 per ton.

Cambodia must do a better job of promoting its native variety to the global market, Ngin Chhay, chief of the rice department at the Ministry of Agriculture, Forestry and Fisheries, has previously said.

http://www.khmertimeskh.com/news/14389/china-rice-deal-gets-more-urgent/

Kentucky chicken Somali-style 10

Sweet mishmash By Ed Bedford, Aug. 12, 2015

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Coffee Time Daily 4879 University Avenue, City Heights

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Deserted during Ramadan but usually crammed with Somali -driven cabs

Inside is small but you can stay as long as you like

Coffee Time Daily's outside sign

Okay, this was during Ramadan. Muslim month of abstinence kinda like the

Christian Lent. I knew there‟d be basically no eating till sunset. So no surprise

that Coffee Time Daily was empty. This is where all the Somali taxi drivers gather

to drink tea, usually, and eat goat meat, and argue Somali politics. This day, just

one Somali guy in traditional white robes sits fingering his beads and watching a

mullah on the TV deliver a sermon.

This is on University, east of the Tower by Euclid. Coffee Time Daily is a little

corner place usually concealed behind a barricade of yellow and blue and white

and red cabs. But right now, I guess everyone‟s waiting for evening when you can

end the fast for another day.

“Even then, most people don‟t eat here,” says the lady behind the counter inside.

“After prayers, the mosque gives out free food. Why pay for it here?”

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She‟s dressed in flowing, bright-colored Somali-style robes. Name‟s Asha. “Or

Sara,” she says. She has a face that totally lights up when she laughs.

Me, I‟m thinking food of the last time I came. Swear it was here that the owner,

Mr. Mohammed Ali, had some camel meat in. A rare treat. Tasted like a combo of

lamb and buffalo. A little gamey, but good. Had come from Australia, where feral

camel herds have roamed since pioneers imported herds to be ships of the desert

in Oz‟s Empty Heart.

Yes. That was great. But right now, things look a little, well, empty right here too.

“But we do have what‟s called „breakfast,‟ for eating in the evening after prayers,

breaking the fast,” Asha says. “I can heat some up for you.”

It‟s called “iftar,” and it has lots of little snacks to revive your appetite. The

“asariyoquartet” is the four basic ingredients for Somali afternoon (“asariyo”) tea,

which is a big deal. Tea, plus at least three of what the French call “amuse -

bouches,” mouth-amusers, which says it all.

Nafaqo, potato wrapped around hard-boiled eggs and deep-fried

So here‟s what Asha brings out from the kitchen: a sweet pastry called “bur saliid,”

($1 each) which are like really sweet breads, dunked in the deep fryer. Then

“Bajiya,” deep-fried donut-shaped snacks made from black-eyed peas, with onion,

garlic, jalapeño pepper, turmeric, coriander, plus a spicy sauce (50 cents each, and

worth it. These are totally delicious). Next, “mashmash,” or “bishbishi” (50 cents),

which are sweet fried dough disks that make you think of wontons, but sweet, and

then a couple of beef sambusas ($1 each). Plus, wow, a scarlet ball of fried dough.

“This is „nafaqo,‟” says Asha. “We just stain it red.”

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Canjeero also called anjero with chicken dish and sweet and savory breads

Turns out “nafaqo” means “food,” or “nutrition.” Like “nafaqo daro” means

“malnutrition,” a feared word in Somalia. I can see why they call it “nafaqo,”

because it looks filling. It‟s basically potato wrapped around a hard -boiled egg, all

crumbed and deep-fried. Makes you think of the British Scotch egg. Costs $1 and

man it‟s filling, and way more peppery than the British cousin.

Wow. And so far I must have spent all of six, seven bucks. Guess I should have the

traditional hot tea, but it‟s so hot outside I go get a can of Brisk lemon tea from

the cooler under the TV.

Deep fried donuts of black-eyed peas

The real wow moment comes when Asha brings out a small pile of Somali

canjeero, the round sourdough flatbread. “It‟s different from the Ethiopian

injera,” says Asha. “That‟s huge and thick, and they let it ferment for three days.

We eat ours on the first day, straight from the oven. And it‟s thin and savory.”

And now she brings out a pan of tiny cubes of beef. “This is odka,” she says, “or

„muqmad.‟ It means preserved meat. It is very traditional Somali food.”

Turns out this is the beef jerky of the Somali world. Desert nomads could survive

on milk from their camels, and meat from this diced, sun-dried beef that could last

up to a year without going off. Asha says here they just fry and dice it. There‟s no

need to dry and preserve it. But it keeps the look, and most important, the flavor

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19

of the staple that you can see must have always made the difference between life

and death over there, just as jerky often did in the American West back in the day.

Dropping the odka, cubes of marinated beef, onto the canjeero

But the basic thing for me is this flavor is just totally scrumptious. With the

canjeera – which I think I like better than the thick Ethiopian version – it really is

a combo to remember. Specially with the banana Asha brings. “Somalis like

bananas with everything,” she says. “And we don‟t just have your one banana, we

have maybe fifty different kinds to choose from, back home.”

I ask how much she misses it. “It is so beautiful,” she says, “but crazy people have

taken over. Children can‟t graduate. There was fighting again today. It is so hard. I

have two sisters. I try to talk to my father on the phone, but he is sick. He can‟t

speak to me anymore.”

Coffee Time Daily's odka

And suddenly tears sprout from her eyes. She has to turn away to gather herself.

I end up taking an $8 plate of rice with two chicken drumsticks back to share with

Carla. “Kentucky chicken Somali-style,” says Asha. She‟s right. It‟s covered in

wicked batter, but comes with plenty of basmati rice and veggies, and a hot sauce

that could evaporate you in 10 seconds if you took more than a drop.

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20

‟Course I would have gone for the goat with basmati rice, or spaghetti chicken

steak, or rice with fish, each $8, along with some gringo choices like Philly chicken

steak with cheese for $3.99, and chopped beef cheese ($4.99), and falafel

sandwich at $2.99, but hey, stack any of these against my new love, the

odka? Fuggeddaboutit.

Prices: Bur Saliid (sweet pastry), $1; Bajiya (savory snack made from black-eyed peas), 50

cents; beef sambusa, $1; nafaqo (potato wrapped around a hard-boiled egg, $1; rice with

goat meat, $8; spaghetti chicken steak, $8; rice with fish, $8; Philly chicken steak, cheese,

$3.99; chopped beef cheese ($4.99), chicken salad, $3.99; falafel sandwich, $2.99

Hours: 8:30 a.m. to 7:00 p.m. daily

Bus: 7, 10

Nearest bus stop: University at Euclid

http://www.sandiegoreader.com/news/2015/aug/12/tin-fork-coffee-time-daily/#

Overvalued rupee hurting exports: IPR THE NEWSPAPER'S STAFF REPORTER — PUBLISHED AUG 13, 2015 06:40AM

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LAHORE: A significantly ‗overvalued‘ rupee has impaired competitiveness of Pakistan‘s exports that dropped

by 17 per cent in July, the first month of this fiscal year, to $1.6 billion from $1.923bn a year ago.

The precipitous drop in exports represents the ―biggest threat‖ to the growth of the manufacturing sector, the

Institute for Policy Reforms (IPR), a Lahore-based think tank, warns in a report issued on Wednesday.

The report on the performance of the national economy entitled as Early Warning Signs says the recent

developments are beginning to cast some doubts about the ability of the economy to perform as well as

anticipated in 2015-16.

The Annual Plan approved by the National Economic Council (NEC) for this fiscal year targets a GDP growth

rate of 5pc. (The last time an above 5pc growth rate was achieved was as far back as in 2006-07.) The plan

expects the (manufacturing) industry to lead the growth process, with a growth rate approaching 6.5pc and

exports to pick up, after four years of stagnation, with a growth rate of over 5pc.

The plan targets inflation to average 6pc over the year and projects investment to revive sharply from about

15pc to almost 18pc of GDP. The remittances are expected to continue growing and foreign direct investment

(FDI) is targeted to double over the level in 2014-15.

Sounding a warning that the government may not be able to achieve the ―ambitious targets‖ set in its Annual

Plan for this fiscal year, it pointed out that the textile industry was up in revolt after the imposition of taxes and

surcharges on electricity and gas.

―The rupee remains significantly overvalued and this has impaired the competitiveness of our exports.

Similarly, after a long time, remittances are beginning to flatten out, with less than one per cent growth in

July.‖

The report adds: ―The year, 2014-15, witnessed a major recovery in the iron and steel products industry,

primarily because of resumption of production by the Pakistan Steel Mills (PSM). Almost one third of the

overall growth of the large-scale manufacturing sector was due to the iron and steel industry. But the news has

come that PSM is shutdown once again. In addition, industries like fertiliser are likely to be hit by the GIDC.

Falling exports, rising costs and factory closures render difficult the prospect of achieving 6pc growth in

manufacturing during the year.‖

The IPR document said the on-going floods could end up damaging the crops in an area of almost one million

acres. ―In the presence of low commodity, prices and outstanding stocks of 0.5 million tonnes of Basmati rice

and over two million tonnes of wheat, the procurement/support prices offered last year do not appear to be

sustainable. Any reduction in prices could affect the supply response of farmers. Overall, it is beginning to

look unlikely that the agricultural sector can achieve a relatively high growth rate of 4pc.‖

The IPR report says the focus of public finances continues to be on further stabilisation, with a reduction in the

fiscal deficit to 4.3pc of GDP to be achieved through a 20pc growth in FBR revenues and little or no growth in

current expenditure at the federal level. In addition, the provinces are expected to generate a large combined

cash surplus of Rs300bn.

Turning to inflation, it says the good news is that the year-to-year inflation in the consumer price index is

down to only 1.8pc in July. The economy shows signs of having entered a period of low inflation or even

deflation.

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At the same it warns that as the ‗low base effect‘ begins to take over, the rate of inflation could start rising

once again and spike up to 5pc in the next 5-6 months. Also, low commodity prices, especially of oil, are likely

to persist.―The Annual Plan assumption of an average rate of inflation of 6pc in 2015-16 is likely to be on the

higher side. This is, of course, good news for consumers but it will be very difficult to achieve a 20pc growth

in FBR revenues. Already, in the first month, July, these revenues have shown growth of only 11pc. We are

likely, therefore, to see a spate of mini-budgets, like last year.‖The revival of investment will hinge on increase

in public and private investment, which showed no signs of recovery during the first month of this fiscal year,

the report says, adding the increase in currency in circulation by almost Rs112bn and decline in bank deposits

of Rs38bn – whether because of the banking transaction tax or low interest rates – are a cause of concern.

Summing up the economic performance in July, it says: ―Overall the outcomes in the first month of the present

fiscal have not been very promising. Hopefully, part of this is either random or seasonal in nature. But there

are some early warning signs and corrective policy actions may need to be considered sooner than later.‖

Published in Dawn, August 13th, 2015

See 30% volume growth in FY16 on low rice prices: Kohinoor Speaking to CNBC-TV18, Arora says value of the

company‟s export revenues declined due to pricing issue.

Read more at: http://www.moneycontrol.com/news/results-boardroom/see-30-volume-growthfy16low-rice-prices-

kohinoor_2503861.html?utm_source=ref_article

Aug 13, 2015, 03.47 PM | Source: CNBC-TV18 See 30% volume growth in FY16 on low rice prices: Kohinoor

Speaking to CNBC-TV18, Arora says value of the company‟s export revenues declined due to pricing

issue. 1 0Google +0 0 Your Stocks 02:00 pm Kohinoor Foods' basmati rice exports and domestic sales grew 15

percent and 25 percent, respectively, says Satnam Arora, Joint MD of Kohinoor Foods . With increased demand for

basmati rice in UK and UAE markets, he expects a volume growth of 30 percent this fiscal. Speaking to CNBC-TV18,

Arora says the company‟s exports value declined due to pricing issue, but volumes. However, he believes lower

prices to be positive for the company‟s performance as he says: “We feel that lower prices are much better for

exports; because of higher prices customers hesitate to buy whereas at lower prices they jump into the market

Read more at: http://www.moneycontrol.com/news/results-boardroom/see-30-volume-growthfy16low-rice-prices-

kohinoor_2503861.html?utm_source=ref_article

Trying to crack the rice markets in China, Japan no small order

Aug 13, 2015Forrest Laws | Delta Farm Press RSS

China and Japan, currently the second and third largest economies in the world, consume a lot of rice. Prying open even a small door into those markets could make a big difference for U.S. rice farmers. USA Rice‟s Betsy Ward talked about the prospects for accomplishing those tasks during a presentation at the Mississippi Farm Bureau‟s Rice Committee meeting at the Delta Research and Extension Center.

http://deltafarmpress.com/rice/trying-crack-rice-markets-china-japan-no-small-

order?utm_source=USA+Rice+Daily%2C+August+14%2C+2015&utm_campaign=Friday%2C+December+

13%2C+2013&utm_medium=email