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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USA Wheat Weekly Inspection Report
CBOT, April 19, 2004
Our weekly export inspection report showed 13 m.b. were inspected for near term export down from 18.47 the week prior but over a year ago of 9.8 year to dat4e inspection are 982 m.b. versus 747 a year ago. We need 27 m.b. to be bullish to view it as a weak demand signal but its weather and its impact on spring wheat planting and maturing winter wheat that had traders buying early. The weekend brought hot and dry conditions across our winter wheat belt with some growers noting heavy dust as conditions were so dry but WXRISK.COM sees potential for .25 to 1.25 inches of rain to fall over Oklahoma and Kansa with 70% coverage Tuesday. The period of Wed. to Sunday looks to have up to .75 inches of rain over 50% of the hard red winter wheat states. Its not a lot as we have been very dry but wheat doesn't like a lot of rain like corn and beans. It matures best with sunny warm days and timely rains of ˝ inch every 5 days or so. The overall pattern of weather is mildly supportive. Thursdays pricing action will start off on tonight's results of the crop conditions report Last week's report showed 48% of 9our crop in good to excellent condition. Anything over 48 we open lower and under we open higher. Because were in a weather market price direction can change a quickly as the next forecast. July wheat has support at 3.78and minor resistance at 4.20. Buy the June 3.85 put for 10 cents and 4.05 call for 12 cents and figure the market will move big one way or the other as weather sorts itself out the next 50 days.
MGR Archive 20.4.2004
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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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