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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Rice Production Forecasts for 2004/05 Reduced for Thailand, Australia, and Malaysia
USDA, Mar 14, 2005
There were no revisions this month to the U.S. 2004/05 rough rice supply and use balance sheet, says tcurrent U.S. Dept. of Agriculture Economic Research Service’s Rice Outlook report released Friday. The U.S. rough rice crop remains estimated at a record 230.8 million hundredweight (cwt), up 16 percent from a year earlier. Total supplies remain projected at a record 268 million cwt, up 11 percent. A23.7 million cwt, carry-in was down 12 percent from 2003/04. Imports remain projected at 13.5 million cwt, down 13 percent. Total use of U.S. rice in 2004/05 remains projected at 228 million cwt, 4 percent larger than a year earlier and the second highest on record. Total domestic and residual use remains projected at a near-reco rd 123 million cwt, an increase of 7 percent from 2003/04. Exports remain projected at 105 million cwt (rough equivalent of rough and milled exports), up 1 percent from a year earlier. U.S. ending stocks of all rice for 2004/05 remain projected at 40.1 million cwt, 69 percent aboveearl ier and the largest since 1986/87. The 2004/05 U.S. season-average farm price (SAFP) remains projected at $7.25-$7.55 per cwt, down from $8.08 in 2003/04. Global rice production in 2004/05 is projected at 402 million tons (milled basis), down fractionally from last month’s forecast but 3 percent larger than a year earlier. Production forecasts were lowered for Thailand, Australia and Malaysia, while forecasts were raised for Brazil, the Philippines and Peru. Globalending stocks for 2004/05 are project ed at 75.2 millinon tons, 1,6 million tones below last month`s forecast and 13 percent below a year earlier.
MGR Archive 15.3.2005
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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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