Rice – bucking the trend of price rises


Given global food supply chains have been rocked by the pandemic, agriculture commodities prices have skyrocketed. A key indicator for global food prices, the UN’s Food and Agricultural Organization’s (FAO) Food Price Index, reported that the cost of its basket of agricultural commodities was up by 40% in 2021, yet rice prices have largely fallen. But why, and can this trend continue?

Looking forward there are reduced rice production in some regions, mixed demand and stock outlooks and ongoing supply and logistical issues, so could we see a shift in market dynamics and rice prices soar?

Join Day Four of S&P Global Platts Asia Agriculture Week, to gain key insights on consumption patterns, supply chain bottlenecks, China’s rice export intentions, the future of japonica and long-grain rice, and more!

Understand what’s driving rice markets, with 5 hours of deep and broad content to help you find solutions to your challenges and understand the opportunities the new planting season can bring.

Rice Conference is part of Asia Agriculture Week – 4 days of essential information focusing on; Grains and Oilseeds, Sugar, Vegetable Oils and Biofuels, & Rice.

With added networking opportunities, you will be able to virtually meet key decision-makers across the supply chains; growers, producers, refiners, traders, buyers and more, ensuring you stay connected to the community.

Agenda

Thursday, November 18, 2021
Session 1: Addressing the state of rice markets
  • 10:00 AM Opening address
    Charlotte James, Managing Editor, Rice, S&P Global Platts
  • 10:15 AM Global rice market situation and outlook for 2021/22
    Shirley Mustafa, Economist, Markets and Trade Division, Food and Agriculture Organization
  • 10:40 AM Fireside discussion: Freight bottlenecks for rice markets: how can the market overcome the challengesRichard Watts, Director, HR Maritime
    Bao Ying Ng
    , Global Managing Editor, S&P Global Platts
  • 11.05 PM Panel discussion: Opportunities and challenges for the future of the rice industry Panelists:
    Minh Vu
    , Senior Manager-Trade, ADM
    Ritesh Kumar, Head, Aastar Trading
    Peter Bachmann
    , Vice President of International Trade Policy, USA Rice Federation
    Moderator: Rohan Somwanshi
    , Head, Agriculture & Asia Metals News, S&P Global Platts
Session 2: Pricing and benchmarks
  • 11.50 PM Fireside chat: The 5% broken Thai rice benchmark
    Rob Beaman, Associate Editorial Director, S&P Global Platts
    Sebastien Camara
    , Broker, SCB
  • 12.15 PM Networking Break

 Session 3: Japonica & Long-grain focus

  • 1.15 PM Japonica in focus: 2021 harvest updatePeter Story, Senior Editor and Engagement Lead, S&P Global Platts
  • 1.40 PM Understanding China’s rice export intentions
    Representative to be announced
  • 2.00 PM Panel discussion: Supply chain concerns post-COVID Panelists:
    Arup Gupta
    , Founder and CVO, Agventures
    Ashok Agarwal, Director, KLA India
    Saminder Bedi
    , VP – Rice Division, Ex-Olam
    Moderator: Charlotte James
    , Managing Editor, Rice, S&P Global Platts
  • 2.45 PM Closing remarks
    Charlotte James, Managing Editor, Rice, S&P Global Platts
  • 3:00 PM Conclusion of day four

Speakers

Headshot Silhouette - Man_150x150.jpg Ritesh Kumar
Head, Aastar Trading

Coming Soon

Minh Vu
Senior Manager-Trade, ADM

Minh Vu is Senior Manager-Trade for ADM Rice Inc. based in Singapore. Minh manages the rice trade for ADM Rice in Asia. Prior to ADM, Minh was Senior Manager- Grains Trade of Toepfer International Asia. Minh started his career with food trading business in Moscow, Russia in late 1990s.

Minh graduated his Bachelor of International Law from Moscow State Social University in Moscow, Russia then gained his Master Degree of Public Administration from Institute of Social Studies of Erasmus, The Netherland.

Minh likes running, playing tennis and spending times with children.

Arup Gupta
Founder and CVO, Agventures

Arup Gupta spearheads , AGVENTURES , which is established as a Vietnam and South East Asia centric firm, focusing on 3 impact areas: - Supply Chain Management and Merchanting of soft commodities - ESG and Circular Economy Projects - Tech – Agri & Nutrition AGVENTURES team is built upon decades of experience, diverse skillsets, backgrounds and perspectives needed to transform and capture the growth opportunities as industries & businesses are reimagined.

Arup have had a successful corporate career over 20+ years at International Business with emphasis on ESG & sustainability , Supply chain management of commodities, providing Strategic Planning , management and new business development that has consistently achieved results.

He is a result oriented leader with, proven expertise in International Market Development, opportunity identification, strategy definition , implementation , organizational transformation through cross sector management experience and various leadership roles.

Saminder Bedi
VP – Rice Division, Ex-Olam

Coming Soon

Shirley Mustafa
Economist, Markets and Trade Division, Food and Agriculture Organization

Coming Soon

Richard Watts
Director, HR Maritime

Richard has over 20 years experience in shipping, trading, insurance, finance and legal matters relating to physical commodities.

Richard started his trading career in 2000 working for two of the leading independent rice trading companies. During this time Richard worked in various sectors of the business including contract execution, legal, insurance and shipping.

In 2008 Richard created HR Maritime, based in Geneva to provide bespoke professional services to the trading and shipping community. HR Maritime presently offers consulting, outsourcing and training to the industry. Richard works tirelessly to improve the industry through technological advances, efficiency enhancement and error reduction.

Richard is the President of the Geneva branch of The Propeller Club and a Fellow of The Institute of Chartered Shipbrokers. Unrelated to his daily work, Richard is also the President of SOS Mediterrannee Suisse.

Ashok Agarwal
Director, KLA India

Ashok Agarwal – Director, KLA India Public Ltd has 25 years of diverse experience of entire food value chain - farming, food processing ranging from rice to frozen vegetables, corporate retail and exports. He has been part of the journey of India from being a net importer of food grains to net exporter and today contributing to 30% of global requirement of rice. He is also helping and guiding for cultivation of food-grains in Africa.

He is invited in prestigious agriculture and management universities as a guest lecture on international business and various government forums for formulation of government policies at central and state level regarding to export of rice.

He is presently member of Rice Export Promotion Council, Government of India; Food Processing Committee, Confederation of Indian Industries (CII).

He did his B.Tech from IIT (ISM), Dhanbad, India with a Gold Medal.

Headshot Silhouette - Man_150x150.jpg Sebastien Camara
Broker, SCB

Coming Soon

Peter Bachmann
Vice President of International Trade Policy, USA Rice Federation

Peter Bachmann is based in Washington, D.C. and has served as the Vice President of International Trade Policy for USA Rice for the last two years, responsible for addressing barriers to trade and expanding rice exports for the U.S. rice industry. USA Rice is the global advocate for all segments of the U.S. rice industry dedicated to promoting and protecting the interests of rice farmers, millers, merchants, and allied businesses. Before taking on this role, Bachmann worked at the U.S. Department of Agriculture as the Senior Advisor to the Secretary, responsible for trade and farm policy and before that, spent more than two years working on domestic farm program policy at USA Rice.

 

 

Platts Speakers

(CF)Baoying Ng.PNG Bao Ying Ng
Global Managing Editor, S&P Global Platts

Coming Soon

Charlotte James (resized).jpg Charlotte James
Managing Editor, Rice, S&P Global Platts

Charlotte is the Managing Editor for Rice pricing at S&P Global Platts.

She covered rice markets for the Live Rice Index (LRI) as a market reporter from 2014 and in 2017 was promoted to Managing Editor. She joined Platts in 2019 through the company's acquisition of the LRI.

Charlotte graduated from the University of Warwick with a BA in History.

Peter Story
Senior Editor and Engagement Lead, S&P Global Platts

Peter is Senior Editor and Engagement Lead for Rice at S&P Global Platts. He joined Platts following the acquisition of the Live Rice Index (LRI) in September 2019.

During his time at the LRI (2015 – 2019), Peter spearheaded the introduction of both the Japonica Report, which takes an in depth look at this niche sector of the market, and price assessments in Myanmar and Paraguay. He also served as the company’s Internal Audit and Compliance Officer, managing the company’s path towards IOSCO compliance.

As a part of S&P Global’s EMEA Agriculture team, he continues to engage with the global rice market on a daily basis, with a focus on forging relationships.

Peter graduated from the University of Sheffield with a BA in History and Politics and from Aberystwyth University with an MA in International Politics.

ESD-Robert-Beaman_120x150.jpg Rob Beaman
Associate Editorial Director, S&P Global Platts

Coming Soon

Rohan Somwanshi
Head, Agriculture & Asia Metals News, S&P Global Platts

Coming Soon

 

 

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Position your business in expert company, distinct from your competitors. At S&P Global Platts Asia Agriculture Week, each sponsor has the opportunity to showcase their product or service to industry-wide professionals. We provide an environment that encourages an honest and open dialogue among attendees. If you would like to lead the conversation as an event sponsor, contact us for more details on available packages: Sheryl Tan on +65 6216 1191 or [email protected]


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your strengths, raise your company profile, and maximize your ROI as we bring key industry players and decision-makers to you. At the S&P Global Platts Asia Agriculture Week, each sponsor has the opportunity to showcase their products and services, and distinguish themselves from the competition. We offer a full range of opportunities and packages, and can even tailor solutions to suit your needs.

Contact us to start a conversation about your goals and how you can lead the pack as an event sponsor: Sheryl Tan, Senior Manager, Events, at +65 6216 1191 or [email protected]

Pricing

The Asia Agriculture Week will take place Online from November 15 to 18, 2021 at 10:00 am - 3:00 pm SGT daily.

The Rice Conference will take place Online on November 18, 2021 at 10:00 am - 3:00 pm SGT.

 
Early Bird Rate*
Register by Register by October 1
Standard Rate*
Register by Register by November 11
1 Day Conference Ticket
$499    
$699    
2 Days Conference Ticket
$698    
$998    
3 Days Conference Ticket
$897    
$1,297    
4 Days Conference Ticket
$1,096    
$1,596    

* Rates are in USD and are not inclusive of local taxes or VAT.

 


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