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
 INCO Terms
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Commodity Exchange
Search in news database
Cuba now 3rd largest market for U.S. Rice
USA Rice Database, June 9, 2004
According to recent data from USDA for the January-March 2004 period, Cuba has moved just behind Japan and Mexico as the third largest single-country market for U.S. rice. U.S. census data places U.S. rice exports to Cuba at a record $27.96 million for the first three months of the calendar year. U.S. rice exports to Japan reached $116.9 million and sales to Mexico topped $41.1 million for the same period. In CY 2003, Mexico was the top market for U.S. rice reaching a record $140.5 million; Japan was second. Cuba was a distant 24th.
U.S. rice exports to Cuba have surged since late 2000 when U.S. law began to permit sales to the island nation for the first time in 40 years. Shipments to Cuba did not begin arriving until 2002. U.S. exports have grown significantly in each of the last three years. The potential is very large in this rice-loving country. Overall, Cuba imports nearly 600,000 metric tons (milled basis) of rice, but only one-sixth or so currently originates from the United States. Vietnam is the major supplier. U.S. law restricts sales to a cash basis only in this dollar-strapped economy. Most observers feel that U.S. rice will benefit enormously from opening U.S. trade and tourism with Cuba, believing the increased flow of dollars into the island will be recycled back into rice and other basic commodity imports from the United States. The Cuban government has frequently cited USA Rice’s leadership in promotional activities and building strong relationships as critical factors in helping them originate rice from the United States.
USA Rice has been conducting aggressive promotion activities in Cuba since 1999, such as: high-level trade visits; the well publicized first-ever U.S. participation at the 2001 Havana Trade Fair; sponsorship of a major booth at the 2002 U.S. Food Exhibition in Havana; sponsorship of the only U.S.–Cuba chefs contest and seminar; a Rice Goes to School activity; and participation in the recent April 2004 business roundtable in Havana, where USA Rice helped open the event. All of these activities were well covered in the U.S. farm and national press as well as by international news services.
MGR Archive 10.6.2004
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
      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:

  © 2002 All rights reserved. - Legal Notice