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
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Decline in wheat production
South Africa's 2003 wheat crop is currently estimated at 1.6 million tons, 33% lower than the previous 2.3 million ton crop. The decline in production is due to drought and a cutback in area planted. Imports are expected to exceed 1 million tons this season, after 870,000 tons were imported during the 2002/03 season.

Both South Africa’s 2003 wheat crop, planted earlier this year, and the corn crop, currently being planted, are facing drought stress. After a long dry winter soil moisture levels are very low. The summer rainfall season finally started in mid October but the rains were concentrated in the east and northwest. The Free State basically did not receive much rain. As a result most farmers in the eastern growing areas of Mpumalanga can plant while only some farmers in the northwest are able to start planting corn. More rain is urgently needed.

The result is that the potential wheat crop is estimated 33% lower than in the previous season, partly also due to a decrease in the area planted. At this stage the corn crop is down about 15% from what could be expected under normal conditions. Rainfall over the next few weeks will, however, have a major effect on crop prospects.

Wheat is already being imported with the full season imports expected to exceed 1 million tons while corn imports are expected to reach at least 500,000 tons in 2004.

MGR Archive 7.11.2003
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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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