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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USA rice production 1,7 percent above last month forecast
WASDE, October 12, 2004
U.S. rice production in 2004/05 is forecast at a record 225.5 million cwt, 1.7 percent above last month. Average yield is forecast at a record 6,763 pounds per acre, up 112 pounds per acre from last month. Area planted and harvested are unchanged from a month ago. Long-grain production is forecast at 165.3 million cwt, 1.7 percent above last month, while combined medium- and short- grain production is forecast at 60.2 million cwt, 1.7 percent above last month. Domestic and residual use is projected at 119.0 million cwt, down less than 1 percent from last month, but 4 percent above the revised 2003/04 estimate. Exports in 2004/05 are projected at 104 million cwt, nearly 3 percent below last month, and about the same as 2003/04. Rough rice exports are projected at 32 million cwt, about 9 percent below last month, while combined milled and brown rice exports are projected at 72 million cwt (rough-equivalent basis), unchanged from last month. Ending stocks are projected at 40.7 million cwt, 24 percent above last month, 72 percent above 2003/04, and the largest stocks since 1986/87. The season- average farm price is unchanged at $7.00 to $7.50 per cwt.

Global 2004/05 rice production, imports, exports, consumption, and ending stocks are little changed from a month ago. On the production side, a lower crop projected for Brazil is partially offset by increases for the United States and Turkey. Imports are increased for Brazil, Saudi Arabia, and Malaysia, partially offset by declines for Peru and Turkey. Lower rice exports for the United States, India, and Australia are partially offset by an increase for Thailand. Global rice ending stocks in 2004/05 are projected at 68.4 million tons, down 0.3 million tons from last month. Lower stocks in 2004/05 projected for Brazil, India, and Thailand are partially offset by higher stocks for the United States and Indonesia.
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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