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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Philippines to import almost 1 million tons of rice in 2005
China View
The Philippines will import almost one million metric tons of rice in 2005 worth 12.6 billion pesos (225 million US dollars) due to insufficient domestic production, alocal newspapers reported Monday. Representative Rolando Andaya Jr., chair of the House Appropriations Committee, told Philippine Daily Inquirer that although a record-high harvest of rice was forecast in 2005, the total production would be still inadequate for the domestic demand. Andaya attended a hearing last week on the proposed budget of the Department of Agriculture (DA) for next year. He cited swelling population and static hectarage of rice landsas the reasons for the country's partial dependence on rice imports. "An average Filipino eats 105 kilos of rice a year. If our population grows by 1.8 million a year, then we must increase our rice production by 3 million sacks of rice a year," Andaya said. The DA earlier expected the rice harvest to reach 15.12 millionmetric tons in 2005. However, it still planned to import 960,000 metric tons of rice. It said that the country's topography is not really ideal for rice growing, compared to the wide river deltas of countries in the Asian mainland like Vietnam and Thailand, but this can be corrected with man-made irrigation systems. The government is also implementing hybrid rice program to increase rice yield through the use of certified and hybrid rice varieties. But, the program is experiencing funding problem when only 181 million pesos (3.23 million dollars) of the 550 million pesos (9.82 dollars) allocated for this program for 2004 has been released. The country's rice imports this year reached 1.13 million tons after Filipinos' national daily consumption of rice increased from28,000 tons from 27,500 tons during the same pe
MGR Archive 2.11.2004
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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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