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
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India - No Foodgrain exports for at least one year
Asia Pulse, August 15, 2004
Owing to the lower than average rainfall this season, the Indian government has said there will be no export of foodgrains for at least one year.

"There are sufficient stocks at hand but basically we do not want to take risk with exports", Federal Food and Agriculture Minister Sharad Pawar said on Wednesday.

He said for up to one year nutil the next monsoon there would be no export of wheat and ordinary rice.

The total foodstocks as on July 1 this year was 29.9 million tonnes including 19.15 million tonne wheat and 10.76 million tonne rice against a total buffer requirement of 24.3 million tonnes.

The new export policy being framed by the Commerce Ministry applied to all the food and agricultural items including dairy products and not grains alone, he said.

"We are part of the preparation of the new policy for agricultural exports. In fact a meeting was held today in which representatives of Food and Agrculture Ministry participated as well".

"As of today three months foodstocks requirement had been kept in states where there were symptoms of drought", he said.

In the state of Madhya Pradesh there were foodstocks for 3.5 months, in Rajasthan it was over six months and in Maharashtra the availability was little over 2.5 months.

In Andhra Pradesh, the total stocks were 9,32,000 tonnes against a monthly requirement of 2,28,000 tonnes, he said, adding that only recently had the government taken up the biggest ever rail movement of foodgrains to meet any adverse eventuality.
MGR Archive 16.8.2004
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Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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