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 Rice Production & Trade
ERS, August 13, 2004
Global rice production for 2004/05 is projected at 397.4 million tons (milled basis), down 7.9 million tons from last month’s forecast but 3 percent larger than a year earlier. India accounts for the bulk of this month’s downward revision in global rice production. Forecasts were also lowered for Bangladesh, South Korea, and the United States. Global ending stocks are projected at 68.1 million tons, 4 percent below last month’s forecast and the smallest since 1982/83. India accounts for most of this month’s downward revision in global ending stocks.

Global rice trade for calendar year 2005 is projected at 25.4 million tons (milled basis), up 100,000 tons from last month’s forecast.
Thailand’s export forecast was raised while forecasts for exports from China and the United States were lowered. On the import side, 2005 forecasts were raised for the Philippines and Bangladesh while lowered for Indonesia.
Thailand’s export price quotes for most grades of regular-milled white and parboiled rice have risen $7-$18 per ton since early July, primarily due to a lack of competition from other Asian sources, several new and pending sales, a strong pace of shipments, and a higher announced intervention purchase price for the 2004/05 crop. Price quotes for Vietnam’s rice have increased a few dollars per ton since early July, a result of tight stocks and strong sales during the first 6 months of 2004.
MGR Archive 14.8.2004
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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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