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 Prices
The world rice prices remained fairly steady in March. Africa and the Southeast Asia started demanding again, what contributed to support Asian prices. The US prices, however, fell down when compared to February. In Thailand, prices rose because the exportable supply become shorter – the governmental purchasing program tends to reduce the exportable rice.
The global rice trade went down by 6% in 2004, to 26 Mt, against 27.5 Mt in 2003.This reduction was caused by the weaker demand from the main importing countries, where production grew. The exportable supply also fell, mainly in China and India. It was because of bad weather conditions and smaller planted areas, which led production to fall in 2003. In 2004, the world production grew by 2%, from 572 Mt in 2003 to 583 Mt. World production is expected to increase by 5% against the previous year, to 610 Mt, in 2005. This forecast takes into account the expansion of Chinese production, what results of the larger utilization of hybrids, added to the higher prices paid to growers. Indian production, in its turn, should decrease by 2.3%, to 127.5 Mt, due to the unfavorable weather. Despite world production’s growth, stocks probably will not be enough to meet consumption needs (413 Mt). It explains the projection of falling world stocks, to 98 Mt, against 104 in the year before. It is the lowest level from the last 15 years
MGR Archive 10.4.2005
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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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