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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Corn report - Dec 1.
Monday Dec. 1 and the markets are closed. We started the day with our weekly export inspection report showing 37.6 m.b. were inspected for near term export, down from 41.6 the week prior but over the four week average of 35.2 m.b. year to date inspection are 438 m.b. versus 360 a year ago. It's a friendly demand signal. The U.S. continues to be the especially to Asian countries as usual supplier China has backed off on exports as supplies are tight there. With deliveries starting on December futures, trade the March futures now. March has support at 2.42. Buy March futures on any dip with stops under support and buy the January 2.45 put option for 4 cents or 200 dollars for protection. With a record crop in the bins, corn can't rally 40 cents but demand could take March futures to 2.64. Our first resistance test on the upside is 2.54. A close above here and you should add to your longs. I apologize for not having our weekly review up Friday. It appears the computer system failed erasing it.
MGR Archive 2.12.2003
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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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