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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Pakistani Rice Exports Expected to Rise in Coming Weeks
Asia Pulse
Rice exports are expected to rise in the coming weeks, mainly on demand from African countries, while domestic prices are likely to slip as supplies increase, dealers said. "The fresh arrivals from the new crop are picking up," Rahim Janoo, a leading exporter, told reporters on Tuesday. "This year, our exports will be higher than the previous year." The rice year runs from April to November.
The country has said it expects to export 1.9 million tonnes in fiscal 2003/04 (July-June), against the previous year's figure of 1.72 million. The new crop is expected to yield 4.3-4.6 million tonnes, while domestic demand is put at 2.3 million tonnes a year.
Dealers said local prices were already coming down on fresh supplies coming onto the market. Janoo said there was a big export demand of Irri-6 variety of rice (25 per cent broken) from Kenya, while exporters also made bids for a 30,000 tonnes export tender from Iran.
Dealers said Irri 6 variety from the new crop was mainly coming from Sindh, while harvesting has started in Punjab, where most of the rice is grown.
Dealers said they expect exports of around one million tonnes Irri-6 to Pakistan's traditional markets of East and West African countries. China's grain output dipped from a record high of 512 million tons in 1998 to 457 million tons last year as the government tried to bring down stockpiles and free up farmland for more lucrative cash crops.
Official statistics show that recent prices for paddy rice in east China's Anhui province reached 1,050 yuan (126.8 dollars) per ton, up 80 to 120 yuan over the same period last year.
The purchase price for wheat in northeast China's Heilongjiang province rose by 32 percent to 1,100 yuan per ton, while the price of maize in Hebei and Shandong provinces went up by 50 to 70 yuan per ton. Driven higher by the grain price increase, the cost of flour, edible oil, meat, eggs and fodder have all gone up since October 1 in key grain-consuming areas, according to market data.
According to Wan Baorui, an official with the National People's Congress responsible for rural issues, China would have to import more grains if harvest yields continue to fall as present reserves were only sufficient to cover shortfalls for two more years.
Last week, Premier Wen Jiabao called for increased efforts to raise farming incomes, preserve cropland and increase grain production capacity, further signalling a renewal of concern at the highest levels over grain security.
Cheng Guoqiang, of the State Council Developmental Research Center, told the Outlook Weekly that China had to establish a new strategy on grain security as the population rises and as arable land and water resources shrink.
The country's total grain demand averages between 480 million and 490 million tons annually and will grow to approximately 640 million tons in 2030 when the population hits 1.6 billion people from the present of 1.3 billion, the weekly said.
MGR Archive 6.11.2003
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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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