Developing Countries Will Lead Global Rice Import Growth in 2013-22, Says USDA Rice growers positive California MG prices are UP Russia MG Harvest coming to end Egypt open rice exports Vietnam’s rice export in tough competition with India Thai rice exports in May Rise Above Target This Year Viet-Nam Rice exports likely to fall this year
Australia Medium Grain Rice #1 $ N/A    Egypt 101 #2 $760    Egypt 178 #2 Rice $730    EU Prices Baldo €660    EU Prices LG-A Ariete 5% €550    EU Prices MG Lotto 5% €500    EU Prices RG Balilla 5% €500    Russia Rapan $ 700    USA Jupiter Paddy $375    USA Calrose #1 Paddy $480    USA Jupiter Rice $630    USA Calrose #1 $830   

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Weekly Dry Bean Report
northarvestbean.org
USDA’s acreage report this week showed a 21 percent decline in dry bean acreage from last year, basically the same as the March estimate. Larry Sprague from Kelly Bean Company says there is a big change in Michigan.
“Michigan’s March report was 150,000 acres down from the 270,000 of last year. Originally a lot of us were thinking it would be possibly 190 or 195 thousand acres and when it came back at 200 thousand acres we still have a number of the elevators out here kind of saying ‘where are the beans? We just don’t see that many beans.’"
Colorado's bean acres are down 35 percent from last year. North Dakota is down 24 percent and Minnesota is down 15. Sprague suggests that most of that is due to sharp declines in navy and black beans. “That would have to mean that pinto bean acres did not get reduced as much as many people were thinking. A lot of talk was 20 to 25 percent reduction and if navies and blacks did get cut back anywhere close to the percentages people thought that means we still have only got maybe a 15 percent reduction of pintos this year in the North Dakota-Minnesota area.”
The second auction of NAFTA imports permits was held Tuesday in Mexico. Interest was said to be greater than the 43 thousand metric tons of dry beans available duty free. And permits went for nearly two to four dollars a hundred. "It’s good for the marketplace and the overall cutback in acres looks like we are going to be back into more near normal price ranges on dry beans this year,” said Sprague.
The North Dakota dry bean crop was rated 78 percent good to excellent this week. Nebraska's crop 62 percent good to excellent and in Michigan 71 percent of the dry beans are rated good to excellent this week.
MGR Archive 9.7.2003
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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