Bumper Indian Groundnut crop predicted in Kharif 2013

Indian Oilseeds and Produce Export Promotion Council (IOPEPC) has forecasted a bumper groundnut crop in Kharif 2013.

During their Annual Trade meet held in Hyderabad, IOPEPC, which comes under the Ministry of Commerce, announced that groundnut production during Kharif 2013 is estimated to be 49.16 lakh tonnes in five major states of Gujarat, Rajasthan, Andhra Pradesh, Karnataka and Tamil Nadu which account for close to 90 per cent of total groundnuts produced in India.

This is higher by 21.03 lakh tonnes as compared to Kharif 2012, when the crop was only 28.12 lakh tonnes in these states, owing to monsoon failure. The final crop estimates will be released after crop cutting experiment in December 2013.

Groundnut exports during 2013-14 are expected to be about 6 lakh tonnes. Sesame seed exports this year may be lower because of extensive damage to crop caused by heavy rains during extended monsoon in major sesame growing areas.

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India has overtaken Thailand as Singapore’s biggest rice supplier for the first time, exporting 92,865 tonnes or 32.9 per cent of the total rice supply to the island nation in the first eight months of 2013.

Thailand shipped 85,816 tonnes or 30.4 per cent during January-August, The Straits Times reported today.

Vietnam supplied 77,459 tonnes or 27.4 per cent during this period.

Higher rice exports

India’s rice exports to Singapore had risen to 29.5 per cent last year from 15.3 per cent in 2009.

Thailand has been the leading rice supplier to Singapore since 1998, accounting for over half of the total rice consumption of the city state between 1998 and 2011.

But its market share fell to 35.3 per cent last year while supplies from India and other countries have increased.

“Importers (are) taking advantage of the lower prices of Indian rice compared to Thai rice,” the daily quoted a Trade and Industry Ministry spokesman.

The Singapore General Rice Importers Association said the shift in sourcing rice started when global rice prices began surging in 2008.

Other rice producing countries have also curbed exports to ensure sufficient domestic supplies while Thai crops have been hit by massive floods in the past.

Other rice suppliers to Singapore include Myanmar (2.5 per cent), Pakistan (2.4 per cent), United States (2.2 per cent), Cambodia (0.9 per cent) and Australia (0.6 per cent) as well as others (0.7 per cent).

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Japan to import 49,830 tonnes feed wheat via tender

Japan's Ministry of Agriculture said it would import 49,830 tonnes of feed-quality wheat via a simultaneous buy-and-sell (SBS) auction that closed late on Wednesday. 

It received no bids for barley for livestock use.     The ministry had sought 180,000 tonnes of feed wheat and 200,000 tonnes of feed barley in the tender that is usually conducted weekly.

It is seeking the same amounts for each grain in a similar tender to be held on Oct 30.     

Japan buys a small portion of feed wheat and barley via so-called SBS auctions, in which end users and importers specify the origin, price and quantity of grain, allowing millers to meet their varied needs for the feed grain.      

Details of the results are below, with the quantity in tonnes and the average price in yen per tonne:      



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Thai government to offer 300,339 tonnes rice from huge stockpiles Read full reports http://feedgrainagri.blogspot.in/

The Thai government will open a tender to sell 300,339 tonnes of rice from state warehouses on October 14, its fourth attempt since July to reduce huge stockpiles built up under an intervention scheme that has made its grain uncompetitive on worldmarkets.

The exact size of the stockpiles is a matter of controversy but recent comments from the minister overseeing the scheme put them at about 15 million tonnes, more than double the 6.9 million tonnes that Thailand managed to export last year.

"The ministry offers to sell glutinous rice and several grades of broken white rice," the Commerce Ministry said in a statement on Tuesday, adding the tender was open to both local and foreign buyers.

The government sold just 240,000 tonnes of rice in three tenders in July and August out of the 660,000 tonnes offered. It bought the rice from farmers at prices way above the market and has been reluctant to sell near recent market levels, which would bring it big losses.

Commerce Minister Niwatthamrong Bunsongphaisan said last month that the stockpiles totalled just 10 million tonnes, well below the 17 million reported by the government in June.

This week he said the total would fall to 10 million over coming months after delivery of 5 million tonnes under deals signed with foreign governments.

Thailand said in September 2012 it had sold 7.3 million tonnes to foreign governments but it provided few details and exporters have until now seen little evidence of shipments.

Traders and industry officials noted that fresh grain would be going into the stockpiles soon because the government has renewed its buying scheme for the crop year that started on Tuesday, guaranteeing farmers a price of 15,000 baht ($480) per tonne for paddy.

Thailand's 5 percent broken rice is currently offered for export at around $444 a tonne.

($1 = 31.2800 Thai baht)

"Meet us @ ANUGA FOOD FAIR Germany. Oct 5th, 2013 to Oct 9th, 2013" 

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Iraq Re-issues Tender to Buy 30,000 Tons of Rice

Iraq has reissued a tender to purchase 30,000 tons of rice from the U.S., Uruguay, Argentina, Thailand, and Vietnam. The last date for submissions of applications is October 6, 2013 and offers must remain valid until October 10, 2013. This tender was issued by the Trade Ministry after it cancelled a similar tender to buy 30,000 tons of rice that closed on September 16, 2013. - See more at: