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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More Vietnam rice arrives
Some 15,000 bags of imported rice from Vietnam arrived Friday at the National Food Authority (NFA) warehouse to augment South Cotabato's rice stocks which were earlier declared to be at the critical level. Rey Salvatierra, NFA provincial manager, said the new imported rice shipment was part of the province's allocation out of the 600,000 metric tons imported by the NFA central office for the foreseen lean season starting this month to September. He said they started to transfer the new stocks to their warehouse from the regional warehouse in General Santos City. "This brings our imported stocks to 25,000 bags and I think these are enough to offset our projected rice shortage," Salvatierra said. Last week, some 10,000 bags of rice initially arrived at the NFA warehouse here, the first shipment in about two years. The South Cotabato provincial board earlier issued a resolution prohibiting the entry of imported rice in the province as it reportedly competes with the produce of local farmers. But last month, the board passed another measure that finally allowed the local NFA to take appropriate actions including importation and to ensure a stable supply of rice especially during lean months. Salvatierra said Vietnam rice is being sold at P18 per kilo or P900 per 50-kilo sack. Luisito Mangayayam, NFA chief information officer, said accredited retailers would be allowed to obtain 30 bags at most per week. NFA has 184 retailers, which means it would release 5,520 bags per week. He said South Cotabato consumes 5,444 bags of rice per day, a big portion of it sold by private traders. Presently, the price per kilo of locally produced rice is between P21 to P23, much higher than the cost of NFA rice. Mangayayam assured the NFA would not distribute the imported rice when farmers start harvesting the bulk of their palay by late August. He said doing otherwise would bring down the farm gate price of palay. The South Cotabato agriculture office earlier recommended the entry of imported rice in the province as harvests fell early this year due to pest infestation, particularly by rodents and rice tungro virus. The pest infestation damaged at least 10,000 hectares of corn and rice farms, about 2,000 hectares of which are ready for harvest, worth P71-million.
MGR Archive 11.7.2004
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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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