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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Canada Grain Outlook
Pulse Canada
For 2003-04, total production of grains and oilseeds in Canada is estimated by Statistics Canada at 59.6 million tonnes (Mt) versus 43.3 Mt in 2002-03 and the 10-year average of 59.7 Mt. In western Canada, production is estimated to increase to 44.1 Mt from 28.9 Mt in 2002-03 and crop quality is generally above average. The proportion of the wheat and durum crop in western Canada in the top two grades is estimated to be over 90%, compared to less than 30% in 2002-03, and the protein content is above normal due to the hot dry growing season. Barley protein levels are also likely higher than normal, which may limit the amount selected for malting purposes. Fusarium is not a problem in wheat or barley. Total supplies have increased, as higher production has more than offset low carry-in stocks. In eastern Canada, production has increased to 15.6 Mt, from 14.5 Mt in 2002-03, due to near-record corn yields. It has been assumed that the trade disruptions affecting the cattle and beef sector, related to the single case of bovine spongiform encephalopathy (BSE) in Alberta, will not have a major impact on feed use in 2003-04.

Average world wheat export prices, in US dollars, have decreased from the 2002-03 level due to higher production in the US, Canada and Australia. However, prices have been supported by lower production in the European Union (EU), Eastern Europe, Ukraine and Russia. For coarse grains, prices are expected to be pressured by the record US corn crop but for barley, this will be partly offset by low feedgrain production in Europe. The EU suspended its weekly open market export tenders for wheat, barley and rye on July 31. For oilseeds, world prices have increased significantly from last year due to lower soybean production in the US and strong world demand. In Canada, except for soybeans, the average prices for grains and oilseeds are expected to be lower than last year due to increased supply and the stronger Canadian dollar relative to the US dollar. The major factors to watch are: import demand from China, growing conditions in Brazil for the soybean crop, EU grain export policy, the area seeded to winter wheat in the US, growing conditions in major winter wheat producing countries, ocean freight rates, and the Canada/US exchange rate.
MGR Archive 4.1.2004
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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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