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 18, 2004
Tuesday saw a weekly export inspection number of 32 m.b. up form 21 the week prior and equal our four week average. Wed. received some bad news pushing us 10 lower when long time U.S. wheat buyer Egypt came in and purchased 300 t.t. of wheat from Australia, signaling US wheat prices are too high by comparison. We have China in Washington talking wheat buying this week but two days into meetings have uncovered no sales. Last Friday I did put stops on March wheat at 3.800and buy the March 3.80 puts for 3 cents or 150 dollars. Your out of wheat at 3.80 Tuesday and your 3.80 put is Now worth 16 cents or $8.00. Support on March now lies at 3.60. Take option profits if support holds. Note, the weekly export sales report is delayed one day to Friday this week.
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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