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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Corn Report
CBOT, February 18, 2004
Tuesday saw our weekly export inspection report come out showing 27.8 m.b. were inspected for near term export down from 32.8 the week prior and four week average of 35.5 m.b. This suggests a slower demand this week. So for this week sales have been slow as importers await better cash bids at month end. After March and May made new contract highs Tuesday. Large trading funds took some profits pulling us to cents off Tuesdays high into midsession today. We entered this week looking for new contract highs then a sell off into months end as large trading funds h9olding over 150 thousand contracts, take profits and pay month end bonuses. Here's our month end scenario now. First support for March is 2.79 then 2.73 with worst case scenario of 2.69. 2.73 looks to be a fair month end pull back. May support is 2.79 then 2.74. Once lows are found before Feb. 27 we will buy off support with may puts for protections with a goal on May to test 3.00 before May 1 deliveries start.
MGR Archive 19.2.2004
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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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