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   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 INCO Terms
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Commodity Exchange
Search in news database
Larger wheat import quotas for 2003
The Cereals Management Committee of DG Agriculture have voted through an amendment to the quota system for medium and low quality wheat.

The Regulation will probably be adopted by written procedure. Once it is published in the Official Journal, the Regulation would enter into force the following day. No precise date is known for publication, however, this could be as soon as towards the end of next week (week of 10th to 14th November), which would give the 17th November as a tentative date for the earliest possible date for bidding for these import licences.

The United States and Canada will now have access, for 2003, to the part previously earmarked for other third countries. For medium and low quality wheat, there is a global TRQ of 2,981,600 MT per year with a duty of €12/MT. Of this amount, 572,000 MT has been allocated exclusively to the U.S. and 38,000 MT to Canada. The remaining 2,371,300 MT is for other third countries and could not be used by the U.S. or Canada.

The proposed Regulation will only cover the quota for 2003. At the beginning of November, there was just over 1.4 MMT outstanding left to be used up during 2003 for the other countries quota. It is reported that the US has used little of the 572,000 MT available so far in 2003.

Under the EU wheat TRQ system, both the U.S. and Canada may allow their exclusive portions of the quota to be reallocated if it will not be used in a given year, however there was no provision for ‘other countries’ to have their quota reallocated to enable the US and Canada to use it, thus requiring the proposed Regulation from the Commission to enable this.

MGR Archive 11.11.2003
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:

  © 2002 All rights reserved. - Legal Notice