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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Rice imports up for month, but down 10% for year
WASDE, April, 2005
U.S. imports for 2004/05 are forecast at 14.0 million cwt, 0.5 million cwt above last month, but down 10 percent from last year. The pace of imports through the first half of the marketing year was higher than expected, but below last year's record pace. Long-grain imports are raised, while combined medium- and short-grain imports are lowered. All-rice domestic and residual use is raised slightly because of an increase in seed use. Exports are raised 3 million cwt to 108 million cwt based on a higher-than-expected export pace for combined medium- and short-grain rice. Exports of combined medium- and short-grain rice are projected at a record 27 million cwt, up 3 million cwt from last month, while exports of long-grain rice are projected at 81 million cwt, unchanged from a month ago. Medium-grain exports have been strong to markets in the Middle East and Oceania due to competitive U.S. prices and tight exportable supplies in Australia. Exports of milled and brown rice are projected at 78 million cwt (rough-rice basis), 3 million cwt above last month, while rough rice exports are projected at 30 million cwt, unchanged from last month. Ending stocks are projected at 37.4 million cwt, 2.7 million cwt below last month, but 58 percent above 2003/04. The season-average price range is tightened by 5 cents on both ends of the range to $7.30 to $7.50 per cwt, compared to $8.08 per cwt in 2003/04.

World production, imports, and ending stocks for 2004/05 are lowered slightly from a month ago, while consumption is up a little. The decline in global production is due to small changes for a number of countries including Cuba, Pakistan, Sri Lanka, and Turkey. These declines are partially offset by small increases for Mexico, Venezuela, and the Philippines. Imports are lowered for Indonesia. Global 2004/05 ending stocks are projected at 74.8 million tons, down 0.5 million tons from last month, 13 percent below 2003/04, and the smallest stocks since 1983/84. Ending stocks are lowered for Egypt, Indonesia, and Pakistan, but raised for the Philippines, South Korea, and Venezuela.
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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