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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Global Wheat outlook
WASDE, June 10, 2004
Projected U.S. 2004/05 ending stocks of wheat are down 4 million bushels from last month as smaller production is partially offset by larger carryin stocks. Forecast winter wheat production is 20 million bushels below last month because of lower yields, especially in several major hard red winter producing States. Projected use is unchanged from last month but is down 190 million bushels from last year. The projected price range is unchanged at $3.25 to $3.85 per bushel.

Forecast 2003/04 U.S. wheat ending stocks are up 15 million bushels due to lower-than-expected exports.

The 2004/05 global outlook for wheat has shifted modestly from last month with projected production rising, trade increasing, and stocks growing. Projected 2004/05 global production is up nearly 5 million tons, with foreign production up just over 5 million tons from last month, led by increases for Russia, the EU-25, China, and Iran. Projected global trade is also up from last month, mostly due to increased imports by Iraq of wheat purchased in 2003/04 but not shipped until 2004/05. This year's EU-25 crop is forecast at a record 128 million tons, up 1 million tons from last month and nearly 21 million tons above last year. As a result of this large crop, EU-25 exports are projected at 15 million tons, up 1 million tons from last month and up nearly 6 million tons from last year. Projected Russian exports are up 1 million tons, offsetting a decline in India's exports. Projected global consumption is raised by nearly 2 million tons. Global ending stocks are up 3 million tons from last month but are still more than 2 million tons below the 2003/04 level. The combined 2004/05 stocks of the major foreign exporters (Argentina, Australia, Canada, and the EU-25) and the former Soviet Union are only marginally higher than last month but are up over 8 million tons from last year.
MGR Archive 10.6.2004
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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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