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
Wheat - weekly export inspection report
Wheat reports began with Mondays weekly export inspection report showing 19 m.b. were inspected for near term export versus the four preceeding weeks of 18.8,19.4,19.6 and 18.9. Not much change here, yet year to date inspection are running 98 m.b.over a year ago.
We need 27 m.b. plus to be bullish near term. Our Monday crop condition report came our showing 48% of the crop is in good to excellent condition down 1% from the week prior, off 5% from four weeks ago and 14% under a year ago. The market shrugged it off as were in our weed stage when yields are not determined. They can improve 5 to 10% in one or two weeks in March when we break dormancy.
Thursdays weekly export sales report came in at 1.095 m.t. up from 537 t.t. the week prior and the highest weekly sales number in several years. With wheat prices down 40 cents from our Nov. high, U.S, wheat prices are the cheapest on world ports. Demand should be much improved from here. Support on March wheat lies at 3.74. Consider buying the March 390 call and sell the March 4.40 call and pull in premium. The spread cast is about 13 cents or 650 dollars cost and risk to you. With 50 cents profit potential.
MGR Archive 24.11.2003
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