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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Thai MY 2005/06 rice production will increase slightly
Despite expected drier weather conditions resulting from the likely El Nino phenomenon, MY 2005/06 rice production is forecast to increase slightly to 17.3 million tons. If El Nino hits, a drop in rain will result in main crop yield hitting a six-year low, to 13.1 million tons, as most are rain-fed. However, the second crop production is expected to recover to 4.2 million tons due to an anticipated weakening of the El Nino phenomenon during second crop cultivation. MY 2004/05 rice production is estimated at 17.1 million tons, down around 1 million tons from the previous year. The contraction reflected the dry weather conditions during the reproductive stage of main crops, causing a significant drop in the average yield. Main crop production, accounting for about 77 percent of total rice production, is expected to decline to 13.2 million tons, as compared to 13.8 million tons in the previous year. In addition, drought during the reproductive stage will result in higher percentage of chalky kernels than normal, leading to additional cost to exporters, as the chalky kernels must not exceed 6 percent (according to Thai Rice Export Standard). The continued dry weather conditions also limit the acreage expansion of second crops, despite the current attractive farm gate prices, which are at around 6,423 Baht/ton (roughly U.S.$ 167/MT), up 23 percent from the same period of the previous year. The second crop cultivation in the north and northeast areas, accounting for about 40 percent of total planted areas, was reportedly adversely affected by the drought, leading to a reduction in cultivated areas by about 17 percent. However, the cultivation in the central plain, accounting for about 60 percent of total planted area, will likely go on due to sufficient water and current attractive farm gate prices. The second crop production is forecast to decline to 3.9 million tons, as compared to 4.2 million tons in the previous year.
MGR Archive 27.3.2005
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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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