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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Peru - Rice Update
USDA, March, 2004
Rice production in 2004 is expected to fall due to drought during the planting season. Post’s revised production estimate is 1.15 MMT for 2004, a reduction of 28 percent compared to the previous year. Imports are now forecast at 150,000 MT a significant increase compared to the 15,000 MT imported in 2003.A severe drought is affecting Peru, which will result in less rice production. Post has revised rice production in CY2004 to 1.15 MMT, a 28 percent reduction compared to 2003. Though the planted area for the 2004 crop was only 6.9 percent less than the planted area in 2003, Post estimates that the harvested area in 2004 will be 240,000 hectares, 26 percent lower than in 2003. The reduction in harvested area is the result of the drought affecting the crop when it was already on the ground.

Rice imports in 2004 are now estimated around 150,000 MT. The government, through the Ministry of Agriculture, is encouraging rice production in the oriental slopes of the Andes to overcome this rice shortage, but rice imports will still increase significantly for the first time in almost eight years. Imports will most likely begin increasing in August and continue through the end of the year.

Peru’s record imports were in 1996 when imported 430,000 MT. Uruguay and the U.S have usually shared the Peruvian rice market. Since 1997, Peru’s rice production began increasing rather rapidly causing imports to fall as low as 15,000 MT in 2003. U.S. rice exports to Peru also shrunk in the last six years to a point that they became almost non-existent in 2003, leaving the market exclusively to Uruguay. Most imported rice in Peru is targeted to the high-end market and sold packed in one-kilogram bags. In this sector, U.S. rice has usually been very competitive both in quality and price.
MGR Archive 15.3.2004
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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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