Cambodia Rice News: World Rice News: Thailand Government Urged to Build 10 Million Ton Storage Space for New Rice

Thailand Government Urged to Build 10 Million Ton Storage Space for New Rice

Thailand’s Public Warehouse Organization (PWO) is urging the government to allow private companies to build additional storage space for at least 10 million tons to help the government run the rice mortgage program in future.

The executive VP of PWO revealed that it is expected that the government would have to store about 6.5 million tons of rice from the new harvesting season, while the PWO can store only 4.5 million tons.

The official suggested that about 10 private companies be allowed to construct storage space of about one million tons each. He said, "If 10 companies joined the plan and each has the capacity of one million tonnes, then we could hold up to 10 million tonnes and not be concerned about slow sales."

The PWO is considering allowing private traders to store rice under rent to the government and reducing the deposit from 100% of rice value to about 70% for private companies which join the rice mortgage program.

Thai rice exports have plunged over 45% this year after the mortgage scheme pushed rice prices higher by about $100 per ton than rivals Vietnam and India. Slow sales have resulted in record high stocks of about 11 million tons rice. Thailand's rice production in 2012-13 is estimated to reach 21.1 million tons, up 3% from 2011-12, and the government has said that the rice mortgage program will continue to 2013.

Source: Oryza/16August2012

More about Cambodia Rice Exporter, please visit: http://www.cambodiaorganic.com/
Cambodia tours=> http://www.tourismindochina.com/cambodia/tours/
Vietnam tours=> http://www.tourismindochina.com/vietnam/tours/
Laos tours=> http://www.tourismindochina.com/laos/tours/

Read more...

Cambodia Rice News: Cambodian Rice Exports Fall Short of Government Hopes

Cambodian Rice Exports Fall Short of Government Hopes

Cambodia’s rice exports in 2012 may fall significantly compared to last year, due to high fuel prices, soaring logistics costs and high prices.

According to local sources, Cambodian rice shipments to Europe this month are at a $200 markup per container over those from Thailand and Vietnam. They say that shipping costs to Europe has surged almost 50% in the last three months, while soaring fuel prices have pushed logistics costs higher, making Cambodian rice unattractive in the international market.

This year the Cambodian government is targeting 400,000 tons of rice exports. However, Cambodia’s milled rice exports for the first quarter 2012 is almost one-tenth of the target at 38,409 tons. Observers say that the Cambodia’s rice exports will be hit badly this year, barely reaching half of 2011 rice exports of 173,000 tons.

Cambodia is aiming to increase rice production to about 9.5 million tons by 2015, and export around 5 million tons annually. The country has signed agreements with some European nations which exempt rice imports from Cambodia of import duties. However, traders say that in May Cambodian rice became more expensive Italian rice even with tax waivers. Cambodia was slated to sign an agreement with the Philippines this week, but the deal is shaky as delays have prompted the Philippine government to say yesterday that it may forego the Cambodia deal.

Source: Oryza/18May2012

More about Cambodia Rice Exporter, please visit: http://www.cambodiaorganic.com/
Cambodia tours=> http://www.tourismindochina.com/cambodia/tours/
Vietnam tours=> http://www.tourismindochina.com/vietnam/tours/
Laos tours=> http://www.tourismindochina.com/laos/tours/

Read more...

Cambodia Rice News: World Rice News: U.S. Rice Bids Fall as Crop Ratings Improve

U.S. Rice Bids Fall as Crop Ratings Improve

The U.S. cash rice market was dead today as bids from buyers dropped amid a selloff in the futures market. As of today, old crop offers from farmers declined around $14.95 per cwt delivered (about $330 per ton), while bids from mills and exporters dropped to around $14.30 per cwt delivered (about $315 per ton) and $14.40 per cwt delivered (about $317 per ton), respectively, however there were no sellers willing to entertain these bids.

As for new crop, farmers continue to ask for $15.55 per cwt fob farm (about $343 per ton) January/February/March shipment, however bids from mills and exporters were decreased to around $14.65 per cwt (about $323 per ton) and $14.90 per cwt (about $328 per cwt, respectively for the same shipment period, and as a result nothing traded. There were rumors, however, of a mill paying as much as $15.80 per cwt (about $348 per ton) for prompt delivery earlier this week, although most analysts believe that a majority of buyers are unwilling to pay that high of a price at the moment.

In the meantime, yesterday the USDA estimated that as of August 12, 83% of the U.S. rice crop has headed, compared to 79% last week, 66% this week last year, and a 70% average for the prior 5 years. As of now, the USDA estimates that 9% of the U.S. rice crop has been harvest, compared to 7% last week, 10% this week last year, and a 7% average for the prior 5 years. Currently, the USDA projects that 73% of the U.S. rice crop is in good to excellent condition, compared to 69% last week and 66% this week last year. As of now, 90% of the rice crop in California is in good to excellent condition, compared to 65% in Arkansas.

Going forward, many expect that old crop offers will start to decline as the farmers look to make room for new crop although most believe that farmers will hold on to their new crop tight as many are expecting above average yields on their corn and beans leaving them flush with cash.

Source: Oryza/14August2012

More about Cambodia Rice Exporter, please visit: http://www.cambodiaorganic.com/
Cambodia tours=> http://www.tourismindochina.com/cambodia/tours/
Vietnam tours=> http://www.tourismindochina.com/vietnam/tours/
Laos tours=> http://www.tourismindochina.com/laos/tours/

Read more...

Cambodia Rice News: World Rice News: In Defense of Rice Scheme, Thai Officials Say Scheme Helps Other Rice Exporters

In Defense of Rice Scheme, Thai Officials Say Scheme Helps Other Rice Exporters

Thailand’s Permanent Secretary to the Commerce Ministry says representatives from the USDA plan to visit Thailand to inspect whether the rice mortgage scheme violates any World Trade Organization (WTO) rules on export subsidies, adding that such fears are unfounded.

The Commerce Ministry official said that the rice mortgage program boosts farmer income and does not lower rice prices, and thus does not give Thailand an advantage on international export markets. And, the money spent under the program cannot be called export subsidies as the money remains within the country, he added.

The official said, "No damage is incurred in the international market. The money spent on the rice pledging scheme circulates within the country…I wonder on what grounds the US is accusing us. I am ready to clarify.”

Rather than being harmed, the Commerce Secretary pointed out that the U.S. and other rice exporting countries benefit from the Thai scheme.

"A subsidy means dumping prices and hurting the competition of rivals but in this sense [Thailand's subsidy] is designed to support [farm] income and help boost domestic and export prices.” Adding “Other rice exporting nations such as the U.S. will also benefit from rising prices.”

He also noted that the subsidies of $5 billion per year that the U.S. pays its farmers and several other policies have distorted the rice market. The U.S. $158 million food aid program in Africa had hurt Thai rice exports, he alleged.

Meanwhile, the U.S. embassy has denied any U.S. plan to send USDA officials to Thailand to inspect the rice mortgage program, adding, "We have no formal position on the new Thai rice scheme, just as we have no formal position on the one before it," said embassy spokesman.

Source: Oryza/10August2012

More about Cambodia Rice Exporter, please visit: http://www.cambodiaorganic.com/
Cambodia tours=> http://www.tourismindochina.com/cambodia/tours/
Vietnam tours=> http://www.tourismindochina.com/vietnam/tours/
Laos tours=> http://www.tourismindochina.com/laos/tours/

Read more...

Cambodia Rice News: World Rice News: Vietnam Plans New Model for Rice Reserve Program

Vietnam Plans New Model for Rice Reserve Program

Following Vietnam’s Agriculture Ministry’s allegations that farmers are unable to benefit from the rice reserve purchase program, the Deputy Agriculture Minister has asked his ministry and the Vietnam Food Association (VFA) to find out ways to ensure profits for rice farmers.

The Vietnamese government introduced the rice reserve purchase program to help stabilize prices during the harvest season when rice prices usually dropped sharply due to anticipation of increased supplies and a shortage of storage space.

Recently, the government ordered the VFA to buy half a million to one million tonnes of rice for the reserve with the help of private companies which received interest-free loans for buying rice from farmers. The move was aimed to ensure that farmers get at least 30% profits.

The VFA claims that the participating companies have completed their purchases and rice farmers have been paid high prices. However, the Agriculture Ministry contends that farmers could not get good prices for their crop because most of them had already sold their paddy to traders (at lower prices) before the program began.

In response, the Deputy Agriculture minister has asked the ministry and VFA to develop models under the rice reserve purchase program that will ensure that farmers get at least 30% profits.

Allowing farmers to store paddy in their houses and at cooperative storage facilities with interest-free bank loans for those storing more than 5 tons of paddy are among the suggestions. Food companies that agree to buy paddy directly from farmers will also be eligible for such loans.

Source: Oryza/9August2012

More about Cambodia Rice Exporter, please visit: http://www.cambodiaorganic.com/
Cambodia tours=> http://www.tourismindochina.com/cambodia/tours/
Vietnam tours=> http://www.tourismindochina.com/vietnam/tours/
Laos tours=> http://www.tourismindochina.com/laos/tours/

Read more...

សេចក្តីជូនដំណឹងស្តីពីការប្រលងចូលក្របខណ្ឌក្រសួងកសិកម្ម រុក្ខាប្រមាញ់ និងនេសាទ

សេចក្តីជូនដំណឹងស្តីពីការប្រលងចូលក្របខណ្ឌក្រសួងកសិកម្ម រុក្ខាប្រមាញ់ និងនេសាទ

ក្រសួងកសិកម្ម រុក្ខាប្រមាញ់ និង​នេសាទ សូម​ជូនដំណឹង​ជា​សាធារណៈ​ដល់​សិស្ស និង​និស្សិត​ទាំង​ពីរភេទ ឱ្យបាន​ជ្រាបថា ក្នុង​ឆ្នាំ២០១២នេះ ក្រសួង​ត្រូវការ​ប្រឡងប្រជែង​ជ្រើសរើស​អ្នកបច្ចេកទេស​ចំនួន១៦០នាក់ សម្រាប់​បម្រើការ​ងារ​នៅ​អង្គភាព​ថ្នាក់កណ្តាល និង​មន្ទីរ​កសិកម្ម​ខេត្ត។ សម្រាប់​ព័ត៌មាន លំអិត​សូម​ធ្វើការ​ទំនាក់​ទំ​នាង​ដោយផ្ទាល់​ជាមួយ​នាយកដ្ឋាន បុគ្គលិក និង​អភិវឌ្ឍន៍​ធនធានមនុស្ស នៃ​ក្រសួងកសិកម្ម រុក្ខាប្រមាញ់ និង​នេសាទ។

....

សំគាល់៖

​កាលបរិច្ឆេទ ឈប់ទទួលពាក្យសុំចុះឈ្មោះប្រឡង ចាប់ពីផ្សាយដំណឹង រហូតដល់ ថ្ងៃទី ២៤ ខែ សីហា ឆ្នាំ ២០១២!!!

ប្រភព៖  ឯកសារភ្ជាប់របស់ក្រសូងកសិកម្ម រុក្ខា ប្រមាញ់ និង​នេសាទ

More about Cambodia Rice Exporter, please visit: http://www.cambodiaorganic.com/
Cambodia tours=> http://www.tourismindochina.com/cambodia/tours/
Vietnam tours=> http://www.tourismindochina.com/vietnam/tours/
Laos tours=> http://www.tourismindochina.com/laos/tours/

Read more...

Cambodia Rice News: World Rice News: Vietnam Considers Biannual Rice Purchase Targets to Stabilize Prices

Vietnam Considers Biannual Rice Purchase Targets to Stabilize Prices

Vietnam’s Ministry of Agriculture and Rural Development (MARD) is considering setting biannual rice purchase targets for rice companies to stabilize prices and help farmers get better returns for their crop.

Rice prices in Vietnam usually plunge during the harvest season. While Vietnam’s rice exports have increased significantly in the last three months, prices have remained low, plunging almost 15% in July from average prices of around $463 per ton in June, mainly due to the onset of the new harvest season.

MARD held a meeting with industry experts last week to discuss changes in rules and regulations about the rice purchase process. The Deputy Minister said that the existing rules have to be modified because the government has little control over the rice companies which rarely bought rice directly from farmers. The MARD suggests that rice purchasing targets should be set and support be extended to farmers and rice buying companies during harvest periods to boost prices and profits.

According to the new rules proposed by MARD, one million tons of the winter-spring rice crop would be bought every year in February and March and held in temporary reserve. The ministry also recommends buying 1-1.5 million tons of the summer-autumn rice crop between July and September and stored for sales later. The Vietnam Food Association (VFA) will sell the rice to food companies, while the Ministry of Finance and the State Bank of Vietnam will provide the necessary capital for the rice buying programs, said MARD.

It's not yet clear if the rice will be bought at a set minimum price.

Last month the Vietnam Prime Minister asked the Vietnam Food Association (VFA) to encourage rice companies to buy half a million tons of rice between July 10 and August 10 to help boost prices but so far only about 250,000 tons had been bought.

Vietnam’s total rice exports from January to July 2012 have reached around 4.18 million tons, up about 10% from the 3.78 million tons exported in the same period last year. Vietnam is targeting exports of 2.1 million tons in the third quarter to help the nation meet its 2012 target of exporting 6.5 to 7 million tons of rice.

Source: Oryza/7August2012

More about Cambodia Rice Exporter, please visit: http://www.cambodiaorganic.com/
Cambodia tours=> http://www.tourismindochina.com/cambodia/tours/
Vietnam tours=> http://www.tourismindochina.com/vietnam/tours/
Laos tours=> http://www.tourismindochina.com/laos/tours/

Read more...