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, March 4, 2004
More rain called for in our emerging western plains winter wheat fields had us down 4 at midsession. Wheather reports sees up to 2 inches of rain with 70% coverage Thursday over the lower plains wheat states with snow in the Dakotas and Nebraska where our winter wheat remains dormant. The rain south west addresses our short soil moisture conditions lift from a dry winter while early emergence accurse in Texas and the northern snows will lend to good top soil moisture on its melt down. Northern tier winter wheat breaks dormancy around month end. The weather side of the market remains bearish for prices. Demand also remains slow. Egypt released a statement that they intend to enter the world market for wheat soon but with a sharply higher dollar this week against our competitors its unlikely we will see the big share of business. They may throw us a bone for political reasons but Australia looks to capture the lions share of sales. May wheat has support at 3.73 then 3.63 with resistance at 3.90. Avoid long side.
MGR Archive 5.3.2004
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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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