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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Russia crop estimate is raised to 75 mmt
The MY 2004 crop estimate is raised to 75.8 million metric tons (mmt), including 43.8 mmt of wheat, based on the progress of harvesting. Given heavy precipitation in the European part of the country, the majority of this year's wheat will be of feed quality and the price gap between milling quality wheat and feed quality wheat is rising. Low barley prices will result in a significant drop in barley exports, which will not be compensated for by an increase in wheat exports. Corn imports will continue to increase fueled by the developing domestic poultry industry.

Harvest Progress According to the Ministry of Agriculture (MinAg), by August 23 47.8 mmt of grain, including 26 mmt of wheat, was harvested from 19.8 million hectares (44.6 percent of total area). Harvesting is progressing faster than last year and average yields are almost 20 percent higher (2.42 tons per hectare). The average yield of wheat is 2.96 tons per hectare, 33 percent higher than last year. Harvest progress by different federal districts and comparisons to the final crop in 2003 are given in the table below. Production numbers are in bunker weight for better comparisons (bunker weight is usually 5-6 percent higher than the final clean weigh).
MGR Archive 9.9.2004
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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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