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
 Restaurants
 INCO Terms
 Ports
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Rice
 Grain
 Agriculture
 Commodity Exchange
 Weather
 Other
 Info
 Editor
 Advertisement
 Technical
Search in news database
CBOT - Wheat report
CBOT
WHEAT The weekly export inspection report showed 14.7 m.b. were inspected for near term export down from 28 the week prior and four week average of 16.2 year todate inspections are 650 m.b. versus 544 a year ago. No surprise as last week was a shortened holiday expor week with prices finishing over the sychological 4.00 mark. Ok, today we had profit taking after a two day 43 cent rally. After breaking thru the sychological 4.00 mark Friday wheat settle at 3.984 today. Traders know that the last three rallies over 4.00 since Aug. led to breaks of 30 cents 43 cents and 35 cents within 2 weeks or less. There is one difference this time that should keep a size from, accuring and that is that China, looking to be a wheat buyer in 2004, is sending a trade group this month to discuss wheat purchases for the new marketing year. Thinking is they may buy a million tons or more for up front delivery befor months end. This and thinking next Mondays crop report will cut carry over stocks should have traders looking to buy dips. Support lies at 3.83 with resistance at 4.26. Buy dips under 3.90 and buy the Feb. 3.80 put for 5 cents or 250 dollars now.
MGR Archive 6.1.2004
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
Password:
      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:


Convert
  © 2002 All rights reserved. - Legal Notice