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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Wheat report - Dec 1.
Wheat demand reports began with our weekly export inspection report showing 13.7 m.b. were inspected for near term export down from 21.8 the week prior and four week average of 19.7. year to date inspections are 558 m.b. versus 459 a year ago. When ever we get near or above 4.00 demand backs off and this is another example of that . Wheat held up well today even after the bearish demand report as news services were all talking of the possibility of Egypt coming in for U.S. wheat early this week. Wheats demand future seems to lie on promises. We here much talk of poor wheat production in Europe, China, Argentina and the Ukrain all leaving the U.S. as the worlds primary port in the world for quantity and quality wheat at the cheapest price. Nov. low demand did surface leaving us with two consecutive weekly export sales reports over 1 m.t. sold. Now that were 35 cents higher the inspection report shows a softer demand. It's toppy on the charts, so there's much risk being long unless new demand surfaces. March has support at 3.98. Buy March futures on dips with stops under support and buy a January 3.90 put option for protection at 5 cents or 250 dollars cost.
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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