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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China Becomes Largest Foreign Buyer of Canadian Wheat
Western Canadian farmers are reaping the benefit of the Chinese economic juggernaut with sales of 1.8 million tonnes of wheat and over 350 000 tonnes of barley in 2003-04, the Canadian Wheat Board's (CWB)President and CEO announced on Aug. 5.
This was the largest CWB sales program to China in almost a decade, Adrian Measner told reporters gathered for the CWB's annual end-of-crop-year news conference. The crop year runs from August 1 to July 31.
High volume sales to China are projected to continue in the years ahead as wheat consumption in the country climbs and the area seeded to wheat decreases.
China is expected to import between five and ten million tonnes of wheat annually over the next decade.
"China is also becoming a very quality conscious buyer," Measner said, noting that over 50 per cent of the wheat China bought in 2003-04 was high-grade spring wheat, compared to just 20 per cent eight years ago.
"Given the quality and consistency of western Canadian wheat, we are faced with some exciting opportunities to expand our market share in China in the coming years."
The Canadian domestic market remains the biggest overall buyer of western Canadian wheat and barley with Japan, the Philippines and Mexico rounding out the top five.
MGR Archive 7.8.2004
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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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