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Friday, 03/25/2011 3:35:45 PM

Friday, March 25, 2011 3:35:45 PM

Post# of 10949
Philippines needs more rice

Innocent story, but when coupled with Henks work in the Philippines, a possibility sure exists as they need more rice and Z can get them 8% more bulk from the wasted bran, and 45% more nutrients.

March 24, 2011 Thursday 5:51 PM EST

PHILIPPINES NAT'L FOOD AUTHORITY GETS RICE FROM VIETNAM

The Philippines National Food Authority (NFA) said on Wednesday it is importing rice from Vietnam to ensure enough supply for the entire country. The grain is arriving April this year.

Currently, the country's rice supply is good for more than 40 days or one-and-a-half months.

NFA administrator Angelito T. Banayo said the Philippine government has sealed a deal to import 200,000 tons of rice from Vietnam.

Banayo said the NFA finds it best to do a government-to-government arrangement with Vietnam which is selling their rice at US$ 480 per ton payable in 270 days after arrival in the Philippines.

The NFA preferred sourcing stocks through state deals now instead of mulling over open and public tenders because civil unrest abroad was pushing up oil prices and making freight costlier, Banayo said.

The import order forms part of the 860,000 ton rice requirement the NFA plans to source abroad with the balance to be brought in by the private sector.

The NFA has also set a tender on April 4 for import rights for private traders covering 60,000 tons rice, part of a total 660,000 tons to be brought in by the private sector this year.

Small farmers groups are expected to participate in the April 4 tender. The NFA sought bids for rights to import up to 600,000 tons rice, or two-thirds of the planned purchases this year, and may announce the accepted bids later on Wednesday.

http://patents.ipophil.gov.ph/PatGazette/EG_RecordDetails.asp?PubCode=VOL%2012%20NO%2012&PubDate=3/23/2009&ID=3&Category=U&Header=UTILITY%20MODEL%20APPLICATIONS%20PUBLISHED%20PURSUANT%20TO%20RULE%20211%20AND%20NEW%20RULE%20211.1%20OF%20THE%20AMENDED%20IRR%20OF%20R.A.%208293%20(INTELLECTUAL%20PROPERTY%20CODE)&recid=U2008000265

http://www.world-grain.com/news/news%20home/LexisNexisArticle.aspx?articleid=1385482934
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