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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European wheat subsidies may continue
A member of the European Parliament says Europe's decision to reimpose export subsidies on two million tonnes of wheat, may not be a one-off.

UK member Neil Parish, says the payment is likely to be one of the last, but only a solid agreement in the Doha Round of world trade talks will make the subsidies illegal.

Mr Parish says the subsidies are wrong, but the European Parliament has been powerless to stop the decision, and he can't guarantee there won't be more in the future.

"No, because if you knew the European institutions, you'd know that as a member of the European Parliament I don't necessarily have the power to stop that.

"What I can tell you, quite clearly, is that the political will is now there to reform the agricultural policy, to move away from these production based subsidies; so therefore the Commission will not be able to carry on in this way for much longer."

Meanwhile a new report from the World Bank says farm production in Australia would grow by nearly two-thirds if all global trade protection on agriculture were eliminated.

The report says Australia and New Zealand would have most to gain of all countries, and total farm incomes would rise by about $16 billion.
MGR Archive 10.2.2005
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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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