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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India rice production is forecast to decline significantly
USDA
MY 2004/05 (Oct-Sep) rice production is currently forecast at 83 million tons (71 million tons in the fall harvested kharif season and 12 million tons in the spring harvested rabi season), which although higher than Post’s August forecast of 80 million tons, is 4 million tons below the GOI’s revised 2003/04 estimate of 87 million tons. Lower production is largely attributed to a decline in planted area in north and east India, combined with a marginal decline in yields due to unfavorable weather conditions characterized by a prolonged dry period in some states and floods in others. The return of normal rainfall distribution in some growing regions since the beginning of August helped to mitigate further yield losses. The state of Uttar Pradesh is likely to account for a major share of the decline in the kharif rice production, followed by Bihar, Assam, West Bengal, and Orissa. Rice production in southern India is estimated to be more or less the same as last year or marginally lower. Rice production in the major surplus state of Punjab is also estimated to be somewhat lower than last year’s record production due to the dry spell. The government has urged states to offset the decline in kharif grain production by increased production in the rabi season. This, however, seems unlikely, in the case of rice due to limited irrigation availability and likely diversification to less irrigation-intensive crops like wheat, oilseeds, and corn.
MGR Archive 10.10.2004
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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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