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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Argentina - rice exports up from previous year
Post forecasts MY2005/06 milled rice production stable at 645,000 MT on 170,000 has.. Due to increased pressure from the expansion of area planted to soybean, area planted to rice has tended to move further out of the Entre Rios area into Corrientes and Missiones.

Post estimates MY2004/05 production at 637,000 MT on 160,000 has.. Harvest began in the northern delegation of Parana, Entre Rios the week of March 3, 2005. Total planted area in Parana is 39,800 has. and average yields are reported to be 6.6 MT/ha.

Post estimates final MY2003/04 milled rice production at 742,000 MT on 174,000 has.. Yields were above normal throughout much of the rice producing area which lead to a 39-percent increase in production from MY 2002/03. Estimates for rough rice production from SAGPyA and private analysts range from 1 – 1.1 MMT.

Over the past several years, the Argentine rice sector has experienced a consolidation of productive area and an increase in large producers (over 500 has.), with access to irrigation either rainfall or well. This consolidation led to increased efficiency, lower costs (by decreasing labor costs), and ultimately higher yields overall.

Post forecasts domestic rice consumption for MY2005/06 up slightly from previous year at 285,000 MT due to slight population increases. Rice is not a staple product for the Argentine consumer and is not well incorporated into the Argentine diet. Per capita rice consumption in Argentina is very stable at approximately 7 -8 kilos (rough basis).

MY2005/06 total rice exports up from previous year to 350,000 MT due to stable demand, a slight increase in production, and increased stocks.

Post estimates MY2004/05 milled rice exports at 300,000 MT. Preliminary data from private sources show MY exports through March 6, 2005 total 275,051 MT.

Official trade statistics for MY2003/04 show rice exports (milled rice equivalents) totaling 192,010 MT. Other private sources, however, calculate exports between 200,000 and 295,000 MT. The discrepancy in data between the different sources may be explained by trade that is not captured in official channels due to the proximity of the exporters to international borders (Brazil, Paraguay, Uruguay). Due to relatively low, and stable, domestic consumption and the tendency for low stocks, the likelihood of higher than reported exports is probable.
MGR Archive 29.3.2005
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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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