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
Black Sea region takes centre stage as US wheat exports fall
Lloyd's List, July 23, 2004
This region, made up of countries such as the Ukraine and Russia, experienced a large harvest two years ago which saw it switch roles from an importer to an exporter.

The next year the harvests were eagerly examined as a possible source for good quality wheat, but unfavourable weather conditions led to a drop in production that had the countries revert to large imports of the grain.

This year a variety of factors, including good weather and a better infrastructure for harvesting the grain, has led to a a spectacular harvest for both Ukraine and Russia and will see exports from both these countries increase.

This will come as good news to countries hoping to import wheat in light of the fact that the recent bad weather in Kansas in the US has led to such a deterioration in the white wheat crop that more than half of it is no longer fit for human consumption. The 445,000 acre crop fell prey to a prolonged drought which was then further damaged by untimely harvest rains, causing the grain to suffer sprout damage.

David Frey, administrator of the Kansas Wheat Commission, said: "It was a setback for hard white wheat in Kansas this year, no question about it." However, he is not completely disheartened, adding: "It makes excellent cattle feed."

With a large percentage of Kansas' contribution to total wheat exports damaged, it is very likely that US export prices will rise and buyers will have to look to other countries for a more economical option. Kansas grew two thirds of all white wheat grown in the US last year.

As if to supply a ready-made option to the buyers' conundrum, Russia is boasting a bumper harvest this year, with the Russian Agriculture Ministry declaring harvesting at twice that seen in the same period last year.

At the same time last year only 6.82m tonnes of grain was harvested, compared to the impressive 12.8m tonnes this year. This has allowed the ministry to forecast a net grain yield of 76m tonnes, as compared to 67.2m tonnes in 2003.

The rise in the output has been attributed to a higher crop yield as well as a faster tempo of harvesting. Local experts are reported as being happy with the quality of grain harvested at this time.

Thus, if these conditions remain constant, it is likely that trade routes from the Black Sea area will see a rise in activity.
MGR Archive 25.7.2004
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