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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CBOT - Corn report
Wed. Dec. 10 and the markets are closed. Corn traded in a very tight two sided range today as traders positioned and postured themselves ahead of 9our monthly U.S.D.A. crop report Thursday. The trade looks for a slight cut in our carry over stocks by 10 to 20 million bushels. Last months carry over was put at 1.349 b.b. down from 1.353 the month prior. Carryover stocks are the amount of grain expected to be left over at the start of our next of our next harvest in Sept. 2004. It our savings account. As it declines, prices firm and as it increases prices decline. A 10 to 20 m.b. cut should give us a slightly higher open but its not bullish as were still well over the year prior of 1.009 b.b. often a record crop this year. If corn is going to trend higher we need more sales to Asia and that will come if China remains absent from exporting to surrounding Asian neighbors. China hasn't officially announced their out of the export market due to poor production and tight stocks but they have cancelled all corn shipments for Jan. 1 and beyond. March corn has support at 2.469 with resistance at 2.54.
MGR Archive 14.12.2003
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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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