8th April, 2016 Daily Global Regional, Local Rice E - Newsletter by Riceplus Magazine

Daily Global, Regional & Local Rice E-Newsletter
April 08,2016
Vol 7 Issue III
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Today Rice News Headlines...
Editorial Board
Chief Editor
Advanced post-harvest rice technologies introduced

PhilRice intensifies promotion of El Nio-ready technologies
Global Demand for Food Is Rising. Can We Meet It?
Traders eye 30pc increase in rice exports to Iran
Wheat, barley up on increased offtake
Widespread Support for USDA Presence in Cuba
New long, medium market grows
Top-end Rice Cooker Pioneers Home Appliance Revolution in
China
China Real Time Tests Xiaomis Smart Rice Cooker
Amira Nature Foods : Expects to Release Interim Financials in April
2016 and Full Year Financials in July 2016
Arkansas Farm Bureau Daily Commodity Report
News Detail...
Advanced post-harvest rice technologies
introduced
Managing Editor
Abdul Sattar Shah

Rahmat Ullah
Rozeen Shaukat
English Editor
Maryam Editor
Legal Advisor
Advocate Zaheer Minhas
Editorial Associates
Admiral (R) Hamid Khalid

Javed Islam Agha
Ch.Hamid Malhi
Dr.Akhtar Hussain
Dr.Fayyaz Ahmad Siddiqui
Dr.Abdul Rasheed (UAF)
Islam Akhtar Khan
Editorial Advisory Board
A workshop introducing advanced post-harvest rice technologies

was held by the Cuu Long Delta Rice Research Institute (CLRRI)
and Sontag Consult in the Mekong Delta city of Can Tho on
April 8.During the workshop, attendees discussed the current
condition of rice preservation and processing in Vietnam and
factors that could increase rice quality and export values.A
number of technological solutions and advanced equipment for
effective preservation, storage and processing of rice were also
introduced; such as, rice cleaning, drying and milling
technologies, technologies for parboiled rice production, and
eco-friendly rice husk burning stoves.
Hamlik
Dr.Malik Mohammad
Hashim
Assistant Professor, Gomal

University DIK
Dr.Hasina Gul
Assistant Director, Agriculture KPK
Dr.Hidayat Ullah
Assistant Professor, University

of Swabi
Dr.Abdul Basir
Assistant Professor, University

of Swabi
Zahid Mehmood
PSO,NIFA Peshawar
Falak Naz Shah
Head Food Science &

Technology ART, Peshawar

According to CLRRI Director Prof. Nguyen Hong Son, the Mekong Delta is the countrys rice
farming hub where more than 90 percent of rice for export is produced. Last year, the region
exported over six million tonnes of rice.Despite that, the rice export values have remained lower
than those of other countries in the region, due to not only a lack of high-quality varieties but
also outdated post-harvest handling, he said.Prof. Pham Van Tan from the Vietnam Institute of
Agricultural Engineering and Post-harvest Technology noted that out-of-date handling
techniques have increased post-harvest losses of rice in the Mekong Delta to about 13.7 percent,
which equates to more than 781 million USD per year.Poor preservation has also reduced rice
export value, he added, urging the need for the delta to apply advanced technology in rice postharvest handlin
http://english.vietnamnet.vn/fms/science-it/154727/advanced-post-harvest-rice-technologiesintroduced.html
PhilRice intensifies promotion of El Nio-ready technologies

Posted on April 8, 2016 by Northbound Philippines News Online
SCIENCE CITY OF MUNOZ, Nueva Ecija The Philippine Rice Research Institute (PhiRice)
has recommended the use of drought-tolerant varieties and technologies to help farmers cope

with the ongoing El Nio phenomenon.Rice normally grows at temperatures between 20-35C.
Reports have indicated that temperatures above 35C is critical for rice growth especially during
the reproductive stage. At present, temperature may reach up to 38 to 40C, said Dr. Norvie
Manigbas, PhilRice plant breeder.Based on the studies, rice yield can decrease by 10 percent for
each 1C increase in minimum night temperature during the dry season.
Dr. Jasper G. Tallada, head of the PhilRices Climate Change Center, said drought affects all
stages of rice growth.It does not only reduce water supply but also increases the amount of
water needed for plant transpiration, he said.For irrigated lowland, PhilRice said farmers may
consider planting several early-maturing varieties.Use of direct seeding technologies can also
help farmers cope up with El Nino so that rice plants can escape drought or heat. Direct seeded
rice matures earlier by seven to 10 days compared to transplanted culture due to stress during
transplanting, Manigbas said.
For water-saving technologies, the PhilRice recommended the alternate wetting and drying
(AWD) and low-cost drip irrigation system (LDIS) technologies.Developed by International
Rice Research Institute, AWD guides farmers when to irrigate or not the rice field. Hence, this
prevents wasteful use of water.PhilRice studies show that use of AWD also minimizes
greenhouse gas emissions in paddy fields.
LDIS is also used for efficient use of water and is recommended for irrigating rice-based
crops.Meanwhile, the use of fossil fuel-free technologies such as the rice hull gasifier-pump
system, windmill-pump system, rice hull stove and carbonizer lessens production cost and is
environment-friendly.The rice hull gasifier-pump system uses rice hull instead of gasoline or
diesel in pumping water from the ground. It is recommended for rainfed areas where fuel
expenses are high.
The wind mill-pump system is applicable in areas where wind energy is abundant.A device
called rice hull carbonizer processes the rice hull into biochar (charcoal).Aside from being used
as soil conditioner, biochar is also popular as main ingredient in producing organic fertilizers
thus, reducing dependence on synthetic fertilizers.
http://northboundasia.com/2016/04/08/philrice-intensifies-promotion-el-nino-readytechnologies/#sthash.vaSykJTM.dpuf
Global Demand for Food Is Rising. Can We Meet It?
Maarten Elferink
Florian Schierhorn
APRIL 07, 2016
Over the last century, the global population has quadrupled. In 1915, there were 1.8 billion
people in the world. Today, according to the most recent estimate by the UN, there are 7.3 billion
people and we may reach 9.7 billion by 2050. This growth, along
with rising incomes in developing countries (which cause dietary changes such as eating more
protein and meat) are driving up global food demand.Food demand is expected to increase
anywhere between 59% to 98% by 2050. This will shape agricultural markets in ways we have
not seen before. Farmers worldwide will need to increase crop production, either by increasing
the amount of agricultural land to grow crops or by enhancing productivity on existing
agricultural lands through fertilizer and irrigation and adopting new methods like precision
farming.
However, the ecological and social trade-offs of clearing more land for agriculture are often
high, particularly in the tropics. And right now, crop yields the amount of crops harvested per
unit of land cultivated are growing too slowly to meet the forecasted demand for food.Many
other factors, from climate change to urbanization to a lack of investment, will also make it
challenging to produce enough food. There is strong academic consensus that climate change
driven water scarcity, rising global temperatures, and extreme weather will have severe longterm effects on crop yields. These are expected to impact many major agricultural regions,
especially those close to the Equator.
For example, the Brazilian state of Mato Grosso, one of the most important agricultural regions
worldwide, may face an18% to 23% reduction in soy and corn output by 2050, due to climate
change. The Midwestern U.S. and Eastern Australia two other globally important regions
may also see a substantial decline in agricultural output due to extreme heat.Yet some places are
expected to (initially) benefit from climate change. Countries stretching over northern latitudes
mainly China, Canada, and Russia are forecasted to experience longer and warmer
growing seasons in certain areas. Russia, which is already a major grain exporter, has huge
untapped production potential because of large crop yield gaps (the difference between current
and potential yields under current conditions) and widespread abandoned farmland (more than 40
million hectares, an area larger than Germany) following the dissolution of the Soviet Union, in
1991. The country arguably has the most agricultural opportunity in the world, but institutional
reform and significant investments in agriculture and rural infrastructure will be needed to
realize it.Advanced logistics, transportation, storage, and processing are also crucial for making
sure that food goes from where it grows in abundance to where it doesnt.
This is where soft commodity trading companies, such as Cargill, Louis Dreyfus, or COFCO,
come in. While Big Food companies such as General Mills or Unilever have tremendous global
influence on what people eat, trading companies have a much greater impact on food security,
because they source and distribute our staple foods and the ingredients used by Big Food, from
rice, wheat, corn, and sugar to soybean and oil palm. They also store periodically produced
grains and oilseeds so that they can be consumed all year, and they process soft commodities so
that they can be used further down the value chain. For example, wheat needs to be milled into
flour to produce bread or noodles, and soybeans must be crushed to produce oil or feed for
livestock.

Nonetheless, even if some regions increase their output and traders reduce the mismatch between
supply and demand, doubling food production by 2050 will undeniably be a major challenge.
Businesses and governments will have to work together to increase productivity, encourage
innovation, and improve integration in supply chains toward a sustainable global food balance.
First and foremost, farmers, trading companies, and other processing groups (Big Food in
particular) need to commit to deforestation-free supply chains. Deforestation causes rapid and
irreversible losses of biodiversity, is the second largest source of carbon dioxide emissions after
fossil fuels, and has contributed greatly to global warmingadding to the negative pressure on
agriculture production for which these forests were cleared in the first place.
Farmers must also grow more on the land they currently operate through what is called
sustainable intensification. This means using precision farming tools, such as GPS fertilizer
dispersion, advanced irrigation systems, and environmentally optimized crop rotations. These
methods can help produce more crops, especially in parts of Africa, Latin America, and Eastern
Europe with large yield gaps. They can also reduce the negative environmental impacts from
over-stressing resourcespreventing groundwater depletionand the destruction of fertile
lands through over-use of fertilizer.The agricultural sector also needs significant long-term
private investment and public spending. Many large institutional investors, including pension
funds and sovereign wealth funds, have already made major commitments to support global
agricultural production and trading in recent yearsnot least because agricultural (land)
investments have historically delivered strong returns, increased diversification, and outpaced
inflation.
Still, investment in agriculture in most developing countries has declined over the last 30
years and much less is spent on R&D compared to developed countriesresulting in low
productivity and stagnant production. And because banking sectors in developing countries give
fewer loans to farmers (compared to the share of agriculture in GDP), investments by both
farmers and large corporations are still limited. To attract more financing and investment in
agriculture, the risks need to be reduced by governments. Regulators need to overhaul policies
that limit inclusion of small, rural farmers into the financial system for example, soft loans
(i.e., lending that is more generous than market lending) and interest rate caps discourage bank
lending. More supportive policies, laws, and public spending on infrastructure would help create
a favorable investment climate for agriculture.
Global policy makers, corporations, and consumers must put the global food balance higher up
the agenda. International business leaders who are participating in this supply chain have to
better communicate the need for policy changes and for developed countries to incentivize
investment in regions where there is the most potential for growth. Our food security will depend
on it.
Maarten Elferink is the founder and Managing Director of Vosbor, an Amsterdam based
commodity service and solutions provider dedicated to sustainability, originating soft
commodities and derivative products selectively in Eastern Europe and the FSU for distribution
in the Asia-Pacific region.

Florian Schierhorn is a post-doctoral researcher at the Leibniz Institute of Agricultural
Development in Transition Economies in Halle, Germany and was selected for participation in
the Lindau Nobel Laureate Meeting on Economic Sciences in 2014. His overall research relates
to the question of how to meet global food security without increasing pressure on land.
https://hbr.org/2016/04/global-demand-for-food-is-rising-can-we-meet-it
Traders eye 30pc increase in rice exports to Iran

By Erum Zaidi
April 09, 2016
KARACHI: Pakistani traders eye an increase of at least 30 percent in export of aromatic Basmati
rice to Iran and a delegation will visit the country later this month to seek more opportunities
following the lifting of international sanctions, industry officials said on Friday.Iran, one of the
worlds biggest rice importers, annually imports more than two billion dollars of the commodity.
Pakistan has a modicum share in the neighbouring market. The country exported 2,234 tons of
rice to Iran in the last fiscal year, fetching around $1.32 million. We see rice exports to up 20 to
30 percent, Chairman Muhammad Shafique of the Rice Exporters Association (Reap) told The
News. The efforts are underway from both the sides to resolve the issues, Shafique said.
The resolution of the issues will help Pakistan break a long-standing monopoly of Indian
aromatic rice in Iran, he added. We are eager to regain our lost share of basmati rice to India.
In the past few years, India has flooded the Iranian market with its basmati rice at knockdown
prices. Reap will take a 26-meber delegation, comprising of rice traders to Iran on April 22 to
discuss the issues related to the condition of good manufacturing practices certification with
Iranian authorities.
Shafique said talks will also cover a subject, such as opening of letter of credit in Euro. The
delegation will also meet the office bearers of the Irans main business association. Rice
exporters met with the Iranian traders when Iranian President Hassan Rouhani visited Islamabad
on March 25.Exporters are anxiously waiting for the banks to accept letter of credits from Iranian
buyers and the facility of discounting of bills drawn on Iranian buyers. The State Bank of
Pakistan has already advised Pakistani banks to take necessary measures for establishing
correspondent banking relationship with Iranian banks.
At present, all the Pakistani banks are conducting their own analysis and due diligence on
Iranian banks and are in touch with the SBP for the guidance, said a senior banker at the
National Bank of Pakistan.
http://www.thenews.com.pk/print/111245-Traders-eye-30pc-increase-in-rice-exports-to-Iran
Wheat, barley up on increased offtake

PTI | Apr 8, 2016, 02.55 PM IST
New Delhi, Apr 8 () Prices of wheat and barley rose by up to Rs 25 per quintal at the wholesale
grains market today due to increased offtake against restricted supplies from producing
regions.However, maize remained weak on sufficient stocks against subdued demand from
consuming industries.Traders said increased offtake by flour mills led to the rise in wheat
prices.They said pick up in demand from consuming industries helped barley prices to trade
higher.In the national capital, wheat dara (for mills) edged up by Rs 10 to Rs 1,600-1,605 per
quintal. Atta chakki delivery followed suit and traded higher by Rs 5 to Rs 1,605-1,610 per 90
kg.
Other bold grains like barley gained Rs 25 to Rs 1,425-1,435 per quintal.
On the other hand, maize fell further by Rs 30 to Rs 1,470-1,480 per quintal.
Following are today's quotations (in Rs per quintal):
Wheat MP (desi) Rs 1,965-2,570, Wheat dara (for mills) Rs 1,600-1,605, Chakki atta (delivery)
Rs 1,605-1,610, Atta Rajdhani (10 kg) Rs 230, Shakti Bhog (10 kg) Rs 230, Roller flour mill Rs
850-860 (50 kg), Maida Rs 930-940 (50 kg) and Sooji Rs 1,010-1,025 (50 kg).
Basmati rice (Lal Quila) Rs 10,700, Shri Lal Mahal Rs 11,300, Super Basmati Rice Rs 9,700,
Basmati common new Rs 5,600-5,700, Rice Pusa (1121) Rs 4,300-5,300, Permal raw Rs 1,8501,900, Permal wand Rs 2,050-2,100, Sela Rs 2,200-2,300 and Rice IR-8 Rs 1,600-1,620, Bajra
Rs 1,615-1,620, Jowar yellow Rs 1,800-1,900, white Rs 3,400-3,500, Maize Rs 1,470-1,480,
Barley Rs 1,425-1,435. SUN KPS SRK MKJ
Widespread Support for USDA Presence in Cuba

By Peter Bachmann
WASHINGTON, DC -- Earlier today, more than 60 state and national agriculture organizations
and agribusinesses sent a letter to Capitol Hill requesting funding for U.S. Department of
Agriculture (USDA) positions that would be based in Cuba for FY 2017.The letter, initiated by
USA Rice, outlines the need to provide USDA "boots on the ground" in Cuba to give U.S.
agribusinesses the opportunity to obtain commodity market supply and demand figures, support
the marketing efforts of U.S. exporters, assist in resolving phytosanitary barriers, and safeguard
U.S. agriculture from the threat of new pests and diseases.
With increases in tourism from the U.S. to Cuba, demand for food is expected to rise and it's
important that U.S. commodities are offered the opportunity to fill that demand. Cuba imports
up to 80 percent of its food but typically gives the business to the European Union, Asia, or
South America.
Dow Brantley, Arkansas rice farmer and chairman of USA Rice said, "Cuba imports about
600,000 metric tons of rice per year. That business mostly goes to Viet Nam and Brazil and
none of it comes from the United States. High quality U.S. rice could be shipped from ports
about 700 miles from Cuba rather than inferior rice coming from as far as 13,000 miles

away. We see this as an opportunity to provide a cost-effective, nutritious product to the Cuban
people and reinstitute beneficial, two-way commerce."
The President's Budget for Fiscal Year 2017 requested that Congress provide funding for USDA
personnel from the Foreign Agricultural Service and the Animal Plant Health Inspection Service
to be housed within the recently opened U.S. Embassy in Havana. Signees of the letter support
the provision from the President's Budget and cite that presence of USDA staff would "...help to
make the transition process run more efficiently, assist U.S. agribusinesses to regain the role as
Cuba's top exporter, and advance U.S. agricultural interests."
New long, medium market grows

Seizing on the heightened interest in these new U.S. varieties as well as California short and
medium grain rice, USA Rice conducted a trade seminar in August 2015 for rice importers,
rice wholesalers, food processers and foodservice end-users. The 2015 purchases from the
South were 19,084 tons of long grain and 38,000 tons of medium grain, totaling 57,084 tons,
or about one percent of total U.S. exports.
By Bill Farmer
USA Rice Federation
Posted Apr. 8, 2016 at 12:23 PM
TAIPEI, TAIWAN
Southern U.S. rice has taken a greater share of the Taiwan import market over the past two years.
Taiwan began looking at southern U.S. long grain and medium grain rice to comply with their
Country Specific Quota (CSQ)-USA commitment in 2014. They purchased 11,000 tons of long
grain and 18,000 ton of medium grain from the South which arrived in Taiwan in the spring of
2015.
Seizing on the heightened interest in these new U.S. varieties as well as California short and
medium grain rice, USA Rice conducted a trade seminar in August 2015 for rice importers, rice
wholesalers, food processers and foodservice end-users. The 2015 purchases from the South
were 19,084 tons of long grain and 38,000 tons of medium grain, totaling 57,084 tons, or about
one percent of total U.S. exports.
USA Rice Vice President of International Promotion Jim Guinn said, "While it is too early to
speculate on Taiwan's import pattern for 2016, price will likely remain a key determinant in
Taiwan's government purchases and private sector importers may look for the most
competitively priced U.S. medium grain."
As a condition of joining the World Trade Organization (WTO) in 2002, Taiwan agreed to
import a total of 144,720 MT of rice (brown rice basis) each year, of which 65 percent (94,068
MT) is to be imported by the public sector and 35 percent (50,652 MT) by the private sector. As
a result, Taiwan is the third largest export market for U.S. rice in Asia after Japan and South
Korea.

Taiwan has a Country Specific Quota (CSQ) commitment for U.S. rice of 64,634 MT (brown
basis) per year. U.S. rice accounted for 43.7 percent of all rice imports into Taiwan in 2015 a
value of $43 million dollars and competes with Vietnam, Thailand and Australia for that
market share.
The island nation, with a population of 23 million, produces short grain (japonica) rice in
quantities to supply about ninety percent of domestic consumption. The remaining ten percent is
imported under the WTO Tariff Rate Quota System. Imports above the total WTO commitment
are not permitted, and this has the effect of keeping the internal price in Taiwan above the world
price for comparable rice.
USA Rice and Taiwan officials will hold the first U.S.-Taiwan Rice Technical Meeting at the
end of this month in Taipei. The U.S. delegation will include shippers from California and the
South, and discussion will focus on non-policy issues, such as rice inspection and grading and
the operation of Taiwan's simultaneous-buy-sell tender system, in the rice trade between the two
partners.
http://www.stuttgartdailyleader.com/article/20160408/NEWS/160409658
Top-end Rice Cooker Pioneers Home Appliance

Revolution in China
Manny Salvacion | Apr 08, 2016 09:47 PM EDT
10 | w w w . r i c e p l u s s . c o m , w w w . r i c e p l u s m a g a z i n e . b l o s g s p o t . c o m

The surge in research and development in home appliances in China may be attributed to the
success of Dingfu induction heat rice cooker. (Photo : Reuters)
A top-end electric rice cooker launched in April last year by Foshan-based home
appliance maker Midea has created a wave of R&D electric cookers which are made in China
and aimed at both domestic and overseas markets, China Daily reported.Huang Bing, Midea's
chief product manager, has spent years working in the Midea Group's research and development
laboratory to build and design new electric rice cookers, among other things.For the past twoand-a-half years, Huang managed the electric heating appliances product development division
of Midea.
"China-made rice cookers are now time-tested, their high quality is specially designed for
Chinese consumers," Huang said. "The latter have developed different needs in cooking rice. For
example, they want the cooker to also make soups. So, we have to develop products that can
meet their various needs."Li Guolin, general manager of Midea's consumer electric appliances
division, said that in the second half of last year, the sales of the Dingfu induction heating or IH
rice cooker have exceeded 100 million yuan. The rice cooker was sold at 2,999 yuan ($460)
each.According to the report, the Dingfu rice cooker uses various heat settings during cooking
and applies what is considered the best water-to-rice proportion.The report said that Midea,
whose manufacturing base is located in Foshan, Guangdong Province, is also interested in the
production and design of small smart appliances."We always prioritize the task of producing best
cooking solutions for Chinese consumers," Li said.
The manager said that the company has more than 100 researchers in its R&D team who are
working to build the world's finest electric cooker."It normally takes more than two years for the
research and development of a new variety of rice cookers," Li added.At Midea's consumer
electric appliances factory, several workers are employed in its laboratory to test new types of
rice cookers.The company mainly sells its rice cookers in China where consumers prefer certain
flavors of cooked rice as well as its soft and natural goodness.Since its launch last year, the
Dingfu rice cooker has been among the top 10 brands in China's major e-commerce platforms
such as Tmall.com and JD.com, the report added.To identify the origin and varieties of Chinese
rice, Midea researchers have reportedly spent eight years to develop a map."The map gives us a
good understanding of Chinese rice, allowing users to cook the grain in a way that retains its
natural flavor," Li said.
An increasing number of Chinese consumers have been reportedly buying small home
appliances like the Dingfu smart cookers in overseas markets such as Japan, the report said.
"It will take some time for Chinese consumers to know more about China-made cookers. Our
products are good both quality- and design-wise," Li remarked
http://en.yibada.com/articles/114953/20160408/top-end-rice-cooker-unleashes-home-appliancerevolution-china.htm#ixzz45z96YweS
China Real Time Tests Xiaomis Smart Rice Cooker

, 2016 5:50 pm HKT
PHOTO: THE WALL STREET JOURNAL

We have smartphones and smart watches. But do we need a smart rice cooker?
What even is a smart rice cooker?
And, wait, isnt rice the easiest food in the world to make?
These were some of the many questions that crossed my mind when Chinese smartphone maker
Xiaomi Corp. launched its 999 yuan ($155) smart rice cooker last week. In the name of science, I
lugged one back to China Real Times test kitchen. The mission: to see if rice really does taste
different with the help of big data. Was there a grain of truth to Xiaomis claims?
Xiaomis rice cooker is its latest addition to its menagerie of smartphone-controllable home
devices. Weve been told that in the future, all of our devices will be smart and interconnected.
Scrolling through Xiaomis smart home app, I realized the future is here. Sort of. If the future is
being able to use a single app to control your lamps, webcam, air purifier, water purifier (a lot of
things need purifying in China) and, yes, rice cooker then the future is here. In China.Before
attending the Xiaomi launch, I had considered the technology of rice-making roughly as many
times as the average person, which is zero times
http://blogs.wsj.com/chinarealtime/2016/04/04/china-real-time-tests-xiaomis-smart-rice-cooker/
Amira Nature Foods : Expects to Release Interim Financials

in April 2016 and Full Year Financials in July 2016
04/08/2016 | 03:20pm CEST
Amira Nature Foods Ltd (NYSE: ANFI), a leading global provider of branded packaged specialty rice,
announced today that it expects to release its interim financial results for the six months ended September
30, 2015 in April 2016, and that it expects to release its financial results for the six months and full year
audited financial results for the fiscal year ended March 31, 2016 in July 2016.
About Amira Nature Foods Ltd
Founded in 1915, Amira has evolved into a leading global provider of branded packaged specialty rice
and other food products, with sales in more than 60 countries around the world. The Company primarily
sells Basmati rice, which is a premium long-grain rice grown only in certain regions of the Indian subcontinent, under its flagship Amira brand as well as under other third party brands. Amira sells its
products through a broad distribution network in both the developed and emerging markets. The
Companys global headquarters are in Dubai, United Arab Emirates, and it also has offices in India,
Malaysia, Singapore, Germany, the United Kingdom, and the United States. Amira Nature Foods Ltd is
listed on the New York Stock Exchange (NYSE) under the ticker symbol ANFI.
For more information, please visit www.amira.net.
Safe Harbor for Forward-Looking Statements
This press release contains statements of a forward-looking nature. These statements are made under the
safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify
these forward-looking statements by words or phrases such as may, will, except, anticipate,
aim, estimate, intend, plan, believe, is/are likely to, future or other similar expressions. We
have based these forward-looking statements largely on our current expectations and projections about
future events and financial trends that we believe may affect our financial condition, results of operations,
business strategy and financial needs. There is no assurance that our current expectations and projections
are accurate. These forward-looking statements include, but are not limited to:
our goals and strategies;
our expansion plans;
our future business development, results of operations, financial condition and financial
statements;
our ability to protect our intellectual property rights;
projected revenue, EBITDA, adjusted EBITDA, profits, adjusted profits, earnings, adjusted
earnings and other estimated financial information;
our ability to maintain strong relationships with our customers and suppliers;
the continued application of the proceeds from our initial public offering (IPO);
governmental policies regarding our industry; and
the impact of legal proceedings.
You should not place undue reliance on forward-looking statements and you should read these statements
in conjunction with the risk factors disclosed in Risk Factors appearing in Amiras Annual Reports
found on the SECs website located at www.sec.gov. Those risks are not exhaustive. We operate in a
rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for our
management to predict all risk factors, nor can we assess the impact of all factors on our business or the
extent to which any factor, or combination of factors, may cause actual results to differ from those
contained in any forward-looking statement. We do not undertake any obligation to update or revise the
forward-looking statements except as required under applicable law.
View source version on businesswire.com:

http://www.businesswire.com/news/home/20160408005459/en/
Arkansas Farm Bureau Daily Commodity Report

A comprehensive daily commodity market report for Arkansas agricultural commodities with
cash markets, futures and insightful analysis and commentary from Arkansas Farm Bureau
commodity analysts.
Noteworthy benchmark price levels of interest to farmers and ranchers, as well as long-term
commodity market trends which are developing. Daily fundamental market influences and
technical factors are noted and discussed.
Soybeans
High Low
Cash Bids 914 849
New Crop 926 860
Riceland Foods
Cash Bids Stuttgart: - - - Pendleton: - - New Crop Stuttgart: - - - Pendleton: - - -

Futures:
High Low
Last Change
May '16 915.75 903.00 914.50 +10.00

Jul '16 924.00 911.25 923.00 +10.25
Aug '16 926.75 914.25 925.75 +10.00
Sep '16 926.75 915.50 925.75 +9.50
Nov '16 930.00 917.75 929.00 +9.50
Jan '17 934.25 922.75 933.25 +9.00
Mar '17 935.75 925.00 935.00 +8.75
May '17 937.75 928.75 936.50 +8.00
Jul '17 943.00 934.75 942.00 +8.25
Arkansas Daily Grain Report
FOB Memphis Elevator Crops
Soybean Comment
Soybeans ended the week in double digit gains as turmoil in Brazil's government led to another increase
in the value of the real. Today's gains helped erase most of the week's losses asprices closed down just 2cents on the week. While the stronger real is bullish for U.S. soybeans it does not negate the fact there are
large global soybean supplies this year. For now the market is trading the hope that demand for U.S.
soybeans may improve, but this yet to materialize in the form of export sales. Soybean prices remain near
overbought territory and remain on shakes technical footing as prices are due a correction. Soybeans will
need additional bullish fundamentals to keep the gains coming.
Wheat
High Low
Cash Bids 452 427
New Crop 480 455
Futures:
High Low
Last Change
May '16 462.50 456.25 460.75 +3.75

Jul '16 469.50 463.50 467.25 +2.75
Sep '16 479.00 473.25 476.75 +2.50
Dec '16 494.00 488.50 491.75 +2.75
Mar '17 508.25 503.75 506.00 +2.50
May '17 515.75 515.75 515.75 +3.00
Jul '17 522.50 521.50 522.50 +2.75
Sep '17 532.00 531.00 532.00 +3.75
Dec '17 544.00 542.00 542.25 -3.50

Wheat Comment
Wheat prices closed higher today, but closed don 17-cents on the week. There remains little bullish
fundamental support for wheat, as USDA conditions indicate the crop is in good condition and USDA
stocks point toward burdensome U.S. stocks. Wheat needs additional support from other markets to help
prices hold support near contract lows of $4.56.
Grain Sorghum
High Low
Cash Bids 352 352
New Crop 340 299

Corn
High Low
Cash Bids 379 347
New Crop 378 352
Futures:
High Low
Last Change
May '16 362.50 359.00 362.00 +0.50

Jul '16 364.75 361.50 364.50 +0.50
Sep '16 367.75 364.25 367.25 +0.25
Dec '16 374.75 371.50 374.50 +0.25
Mar '17 384.50 381.50 384.25 0.00
May '17 390.00 387.00 390.00 0.00
Jul '17 394.50 391.25 393.75 -0.50
Sep '17 389.50 389.50 389.50 -0.75
Dec '17 390.75 388.25 390.75 +0.25

Corn Comment
Corn prices inched higher again today as prices gained 6-cents on the week after prices closed higher 4 of
the 5 trading days this week. Strong gains in soybeans combined with good export demand yesterday
allowed prices to continue to post gains. While last week's bearish prospective planting report remains a
drag on prices the sharp loss last week may have been overdone and corn is now looking for a new
trading range. While the expectation is that acreage will come in less than initial estimates, the market is
likely still going to face ample supplies and prevent significant gains without some type of weather
problem.
Cotton
Futures:
High Low Last Change
May '16 60.58 59.05 60.07 +1.04
Jul '16 59.56 58.51 59.56 +0.99
Dec '16 59.14 58.20 58.84 +0.63
Memphis, TN Cotton and Tobacco Programs
Cotton Comment
Cotton futures were continuing higher at mid-day on stronger than expected weekly export sales. 224,100
running bales were sold for shipment in 15-16, bringing total commitments to 7.818 million running
bales. The next upside target for May is the 50% retracement level of 60.19 cents. Last week's planting
intentions report showed farmers planning to increase production to 9.562 million acres, up 11.4% from
2015. Arkansas projections come in at 330,000 acres, up 57%, and the largest percentage gain of all the
cotton producing states. Weakness in the dollar provided support, and there was again talk of the
relatively tight supplies of higher quality cotton. At mid-day, May was trading above the 50% retracement
level of 60.19 cents, and a close above that level would suggest upside potential to the 62% level of 61.51
cents. December was also holding strong above resistance at the 38% retracement level of 58.69 cents. A
close above that level would suggest upside potential to the 50% retracement level of 60.09 cents.
Rice
High Low
Long Grain Cash Bids - - - - - Long Grain New Crop - - - - - -
Futures:
High Low
Last Change
May '16 995.0 983.5 994.5 +9.5

Jul '16 1022.0 1011.0 1021.5 +10.0
1031.0 +10.0
Sep '16
Nov '16 1046.0 1040.0 1048.0 +9.0
1066.0 +8.0
Jan '17

1084.0 +7.5
1084.5 +7.5
Mar '17
May '17
Rice Comment
Rice futures were in positive territory at mid-day. It looks like futures are attempting to consolidate above
the recent spike low. Weekly exports came in at 91,200 tons for 15-16 and 11,000 tons for 16-17 delivery.
The market charted a huge bearish reversal last week in reaction to USDA's planting intentions report.
Rice acres are expected to be up 17% from 2015 at 3.064 million acres. All of that gain and then some
will be in long grain rice, while medium grain acreage will actually be down 17% across the country.
Arkansas is expected to plant 1.581 million acres of rice consisting of 1.43 million acres of long grain and
150,000 acres of medium grain. The crop progress report showed 16% of the rice in the ground
nationwide, with Arkansas coming in at 11% planted. Technically, the first level of support for May is
Thursday's low of $9.42 1/2, while overhead trendline resistance is currently near $10.15.
Cattle
Futures:
Live Cattle:
High
Low
Last Change
Apr '16 134.500 133.200 134.125 +1.700

Jun '16 124.375 122.850 124.000 +1.775
Aug '16 119.900 118.675 119.550 +1.475
Oct '16 118.925 118.150 118.750 +1.050
Dec '16 118.850 118.100 118.700 +0.975
Feb '17 117.950 117.175 117.900 +1.025
Apr '17 117.025 116.525 117.000 +1.000
Jun '17 110.225 109.525 110.225 +1.375
Aug '17 107.500 107.500 107.550 -0.450
Feeders:
High
Low
Last Change
Apr '16 157.600 155.500 156.550 +2.400

May '16 153.525 151.050 152.800 +3.000
Aug '16 154.450 152.550 153.825 +2.450
Sep '16 153.400 151.675 152.375 +1.575
Oct '16 152.350 150.850 151.450 +1.425
Nov '16 148.600 147.150 147.600 +1.250
Jan '17 144.000 142.975 144.000 +1.875
Mar '17 142.525 142.525 142.525 +2.125
Arkansas Prices
Arkansas Weekly Livestock Summary

Cattle Comment
Cattle prices closed higher today as the market continues to recover from Tuesday's sell off. Beef prices
remain mostly weaker limiting cattle prices ability to move higher; however continued strong cash prices
and improving feedlot margins are helping support prices.
Hogs
Futures:
High Low
Last Change
Apr '16 67.200 66.800 66.875 -0.250

May '16 75.900 75.275 75.725 -0.200
Jun '16 80.100 79.300 79.725 -0.350
Jul '16 80.200 79.475 79.875 -0.300
Aug '16 79.550 78.925 79.250 -0.350
Oct '16 69.150 68.700 68.950 -0.200
Dec '16 64.050 63.650 64.050 -0.075
Feb '17 66.700 66.300 66.700 -0.100
Apr '17 69.250 68.950 69.250 0.000
Hog Comment
http://www.arfb.com/ag-markets-statistics/report/
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Daily Global, Regional & Local Rice E-Newsletter

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Arkansas Farm Bureau Daily Commodity Report

Daily Global, Regional & Local Rice E-Newsletter

May '16 915.75 903.00 914.50 +10.00

May '16 462.50 456.25 460.75 +3.75

Daily Global, Regional & Local Rice E-Newsletter

Arkansas Daily Grain Report

May '16 362.50 359.00 362.00 +0.50

Daily Global, Regional & Local Rice E-Newsletter

May '16 995.0 983.5 994.5 +9.5

Daily Global, Regional & Local Rice E-Newsletter

Apr '16 134.500 133.200 134.125 +1.700

Apr '16 157.600 155.500 156.550 +2.400

Daily Global, Regional & Local Rice E-Newsletter

Apr '16 67.200 66.800 66.875 -0.250

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