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 - Weekly reviev
CBOT, March 5, 2004
Monday began with our weekly export inspection report showing 29.5 m.b. were inspected for near term export up from 15.4 the week prior. This came as prices were generally lower the week prior attraction some demand. Thursdays weekly export sales report showed 562 t.t. were sold for shipment before June 1 versus 415 the week prior. It's a slightly friendly number on the surface but 190 t.t. were to China and were new that due to last weeks announcement of their purchase. The hard red winter wheat belt states from Texas to Kansas saw massive moisture this week after a winter of very dry conditions. Topsoil moisture looks to be greatly replenished as Texas breaks dormancy and Kansas gets ready to break winters long dormancy period. This was bearish for wheat prices this week. The private weather site WXRISK.COM sees into Thursday mainly dry conditions. He looks to the period of March 12 to 18 as being mainly warm and drier than normal. This may lend some support. The demand side remains troubling now, while weather is more important long term. 3.73 was major support on May futures into today's close. Charts say a close under 3.73 and 3.64 is next stop then major support at 3.60. Buy the 3.65 April put option for 5 or 6 cents now and buy the May futures on a dip to 3.64 and gamble on the futures that dry weather could return on the futures that dry weather could return to the western plains wheat states.
MGR Archive 7.3.2004
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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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