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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Canadian total wheat production is forecast to decline
Canadian total wheat production is forecast to decline to 24.7 million metric tons (MMT) in 2005/2006, a 5 percent decrease from 2004/2005, as a result of a return to average yields and in spite of an increase in forecasted acreage seeded and harvested. Quality is expected to return to normal levels, with a larger proportion of the crop expected to grade No. 1 or No. 2 in comparison to 2004/2005, where only 30% o f the total crop fell into the top two grades. Seeded acreage of Canadian hard white spring is forecast to double from 600,000 acres in 2004/2005 to 1.2 million acres in 2005/2006, as the Asian noodle market provides an attractive outlet for this class of wheat. In addition, the Canadian Wheat Board (CWB) has an identity preservation program in place for Snowbird and Kanata varieties of hard white wheat, which pays growers a premium if the wheat grades No. 3 or better. Domestic use of wheat is forecast to decline in 2005/2006 due to less feed use of wheat and a return to more traditional feed crops such as barley and corn in the livestock sector. However, high carry-in stocks as a result of the large feed wheat crop in 2004/2005 will maintain wheat feeding at an above average level. The higher carry-in stocks will offset the decline in production, resulting in a 2 percent increase in total wheat supplies. Carry-out stocks are forecast to remain at a similar level to 2004/2005 carry-out stocks.
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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