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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S. Korea - Rice Stocks to increase for 20 percent
On November 22, despite the fact that rice acreage was 15,000 HA less than last year, the Ministry of Agriculture and Forestry (MAF) announced that its 2004 rice crop estimate is 5 million metric tons (MMT) which is up 12.3 percent over last year. This estimate is based on an across-the-nation survey of 9,000 rice producers. According to MAF, favorable weather during the growing period and the harvest season minimized insect and disease damage. This crop’s average yield is estimated at 504 KG per 10 are (100 are = 1 HA), up 14.3 percent from last year.

Due to greater production, ROK rice stocks are projected to increase to 20 percent of total consumption in MY 2004/05. This stocks-to-use ratio is up 5.5 percent from last year.

This year, between July 20 and October 27, South Korea shipped 100,000 MT of domestically produced rice to North Korea. These exports were part of a 400,000 MT rice aid package, which also included 300,000 MT of foreign rice.
MGR Archive 2.12.2004
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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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