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   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 Restaurants
 INCO Terms
 Ports
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Rice
 Grain
 Agriculture
 Commodity Exchange
 Weather
 Other
 Info
 Editor
 Advertisement
 Technical
Search in news database
Wheat - weekly export inspection report
CBOT, March 19, 2004
Wheat started Monday with our inspection report showing 26.9 m.b. up from 12 a year ago and 20.4 last week. It is a good demand signal. Thursday's weekly export sales report came in at 419 t.t. sold last week down from 589 the week prior. It is not bearish but more neutral to pricing. Next week's report will come in higher as this week saw a surprise sale to Egypt for 120 t.t. The United Nations tendered to buy 600 t.t. on the world market to ship to Iraq. It is more probable than not we will get most of that business after liberating that country. So, demand is looking supportive into early next week. Warmer and drier than normal weather in our hard red winter wheat looks to keep crop ratings from improving on Monday's state by state updates. This also looks to keeps breaks minimal. Wxrisk.com sees very little rain in our hard red winter wheat states next week. On Monday, go to his site first thing to get an update. Wheat is 90% about weather and its impact on emerging winter wheat and its 31 million acres with states of most interest being Texas, Oklahoma, Colorado, Kansas and Nebraska. Current state crop ratings are showing very poor numbers after a generally dry winter leaving subsoil depleted. Last year on March 31st the nation's winter wheat rating showed 51% of the crop was in good to excellent condition. This week's ratings for Kansas our number one wheat producer was 32% and Texas 28%. So, we are starting in the hole here. Buy July wheat near support of 3.88 with a 3.80 may put for protection and gamble dry weather will persist.
MGR Archive 21.3.2004
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
Password:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:


Convert
  © 2002 All rights reserved. - Legal Notice