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 - export inspection report
CBOT, March 18, 2004
Corn started Monday with our weekly export inspection report showing 32.6 million bushels were inspected for near term export up from 29.6 a year ago. Inspections are up 208 m.b. on the year. It is a friendly demand signal. Thursday's weekly export sales report showed 1.31 m.t. of corn were sold last week up from 573 t.t. the week prior and 82% over the four-week average. Asian markets were 600 t.t. versus 292 last week. Taiwan was in for 368 and Japan 240 t.t. with bird flu all but over, Asia markets are back in buying corn as they expand chicken herds. China announced Monday the bird flu virus has been eliminated from their country. 3.00 corn looks cheap to Asian markets to feed chickens when you consider beef prices there, after mad cow here, stopped U.S. beef shipments to their region driving prices to near record levels. Next week looks to see corn behave much of the same. We look to hold above 3.00 as corn traders and commercial exporters are worried that substantial price gains in beans will steal acres from corn at a time when demand is bigger than production. We are already below 1 b.b. on our ending stocks and one drought away from running out. Corn looks to continue strong into our March 31st planting report, where anything less than a 2 million acre increase in acres is bullish.
MGR Archive 21.3.2004
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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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