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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World Rice Production in 2004 Nears Record
FAO, April 4th, 2005
World rice production in 2004 is estimated to be the second highest on record, but it still did not meet consumption demand, the UN’s Food and Agricultural Organization (FAO) said today.
Production rose 3.8 percent year-on-year to 605 million tons, mostly in Southeast Asia and China. The United States, European Union, parts of South America and Egypt are also estimated to have harvested more in 2004 than 2003.
However, world rice inventories at the end of the 2004-2005 marketing season were estimated to be 97 million tons — six million tons fewer than opening levels, meaning production in 2004 “would be insufficient to cover consumption,” the FAO warned in a statement.
Floods reduced the rice-growing season in many countries, including Thailand, Myanmar, Laos, Bangladesh, Cambodia and India. Production was also expected to fall in Central America, Ecuador, Peru and Guyana. Thailand, one of the world’s largest rice producers, as well as other Asian nations such as China and Indonesia are currently battling one of the longest droughts in years.
The FAO forecasts rice production in 2005 should rise 1.5 percent to 614 million tons. Some 25.8 million tons of rice should be traded in 2005, down three percent from the 26.5 million tons traded in 2004, the FAO said.
MGR Archive 5.4.2005
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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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