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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Thailand Export prices
Export prices for most grades of white rice set another record due to the concerns over limited supply resulting from the drought and the aggressive government intervention program. The Thai Agricultural Ministry’s estimate of drought-affected area amounted to 8.921 million rai (1.4 million hectares), of which 7.6 million rai (1.2 million hectares) were paddy fields. MY 2004/05 main paddy production has been revised downward to 19.728 million (13.0 million tons milled equivalent), down 1.232 million tons (0.8 million tons milled equivalent) from the previous projection and down 5.7 percent from the previous year’s production. The most affected areas are the northeastern provinces, major growing areas for fragrant rice. Also, the government discouraged farmers from second crop cultivation in light of anticipated low levels of water. However, some exporters remain optimistic, as it is too early to know the full extent of the damage. They expected that MY 2004/05 paddy production might be virtually unchanged from the previous year, as the damage will not likely outweigh the results of this year’s expansion of cultivated areas. Also, further strengthening of the Thai Baht (to 40.3 Baht/US$, as compared to the previous week’s average of 40.6 Baht/US$) partly affected the surge in prices. However, prices for fragrant rice increased only slightly, as the current demand is reportedly not so strong due to the price competition from the relatively cheaper Pahtumthani fragrant rice.
MGR Archive 18.11.2004
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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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