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
CBOT, February 9, 2004
Wheat saw a weekly export inspection report showing 21.1 m.b. inspection for near term export up from 20.2 the week prior but under the four week average of 24.2. We did better than last year at 15.4. year to date inspections are 768 m.b. Versus 612 a year ago. Considering the low price of wheat we should have been better. Wheat started off lower on talk Egypt over the weekend purchased 235 t.t. of wheat with 55 t.t. from the U.S. and the rest from Australia. With prices down 25 cents from the January high one would hope we could catch the lions share of exports but Australia continues to under bid us. Tuesdays crop report is being guessed to bed unchanged from the month prior at a carry over of 559 m.b. May support lies at unchanged then 3.72, with resistance at 3.90. Lets get the crop report out of the way, then look to reposition us.
MGR Archive 10.2.2004
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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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