Thailand to dump rice: us group

The USA Rice Federation fears Thailand will eventually rice on the world market, according to Oryza rice Recap, a website specializing in rice information dump.

In a letter to the US trade representative presented, outlined the USA Rice Federation submitted comments on the policy of the rice in Brazil, Thailand, Taiwan, Japan and the EU.

The most interesting part of the comments of the Federation concerned about Thailand essentially dumping rice on the market if and when it finally sells his stocks.

The Federation expressed concern about Thailand's rice mortgage scheme and the impact on Thai exports have increased production and ultimately, if the stored rice is released on the market. The USA Rice Federation urges the world trade organisation to investigate the nation's compliance.

As a counterpoint to the Thai rice is schedule, which is aimed at stimulating export values but serious sale has dampened, the pace and the continuation of the Indian rice exports. Shipments of about a half million tons are about a month behind on Kakinada port but India is expected to continue a rice exporter highest in the world. The market is keeping all eyes on India and his production in the summer, which is harvested in the winter.

The Federation said Brazil's heavily subsidised rice industry has escaped the WTO supervision partly because the policy is so complicated.

Brazil's rice exports soared in 2009 and 2010 as one of the nation's four programs, premium for Product outflow, "offers a guaranteed minimum price for producers and cooperatives by paying the difference between the guaranteed price and the market price to buyers in Brazil who agree to go out of the rice of the area of production and/or the export market".

The us remains essentially locked out of the EU market with rice-export fall of about 300,000 tonnes in 2005 only 89,000 tonnes on average in 2007-11 after the 2006 discovery of the genetically engineered Liberty Link 601 trek in the U.S. long grain rice crop.

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