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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FAO is now forecasting global paddy production in 2004 at 608 million tonnes,
FAO
FAO is now forecasting global paddy production in 2004 at 608 million tonnes, 4 percent higher than the previous year, but 5 million tonnes less than anticipated in the last report. The downward revision mainly reflects a deterioration of prospects in several major producing countries in the northern hemisphere that were affected by irregular monsoon rains. Moreover, since several of them were still in the process of harvesting their 2003 secondary crops, the unfavourable weather conditions also impaired those crops, leading to a 7 million tonne downward adjustment to the 2003 global paddy production estimate, which now stands at 584.3 million tonnes. The revision was mainly on account of reduced 2003 output figures for Bangladesh, China and India Concern has arisen recently over a possible recurrence of an El Niño event in the coming months, which, if confirmed, could have an impact on paddy production for the remainder of the 2004 season, when many countries would be growing their secondary paddy crops. El Niño could also influence the development of main crops of the forthcoming 2005 season in the Southern Hemisphere and along the equatorial belt, the planting of which has already started. However, it is premature to assume that an El Nino will disrupt crop development patterns, until more evidence is gathered regarding the re-appearance and strength of this weather anomaly.
MGR Archive 12.10.2004
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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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