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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U.S. 2004/05 Medium/Short Grain Export
Total U.S. supplies of combined medium/short grain rice in 2004/05 are projected at 77.3 million cwt, fractionally below last month’s forecast but almost 16 percent larger than a year earlier. Medium/short grain supplies are the largest since 1983/84. The only supply-side revision was a 250,000-cwt reduction in imports to 3 million cwt. Through January 2005, Thailand had accounted for nearly all reported U.S. medium/short grain imports in 2004/05. In 2004/05, a near-record crop and a much bigger carryin more than offset a large drop in imports. At 12.4 million cwt, 2004/05 beginning stocks of medium/short grain rice were 33 percent above a year earlier. The medium/short grain crop estimate of 61.9 million cwt is 22 percent larger than a year earlier and the largest since 2000/01. This year’s bumper medium/short grain harvest was primarily due to record California production. In contrast, combined medium/short grain imports of 3.0 million cwt are 48 percent below the 2003/04 record. Total use of medium/short rice is projected at 64 million cwt, up 5 percent from last month’s forecast and almost 18 percent higher than a year earlier. Exports account for all of this month’s upward revision in medium/short grain use. Exports of medium/short grain rice are projected at a record 27 million cwt, up almost 13 percent from last month’s forecast and nearly 18 percent higher than a year earlier. This month’s upward revision was based on monthly U.S. Census shipment data through January 2005, weekly commercial sales and shipment data through March reported in U.S. Export Sales, and expectations regarding exports for the remainder of the market year. Through March 31, commercial shipments of medium/short grain rice on a rough-equivalent basis were 26 percent ahead of a year earlier. The higher year-to-year export forecast for 2004/05 is based on much larger U.S. supplies, a big drop in prices, and another year of very tight supplies in Australia—a major U.S. competitor in the global medium/short grain market.
MGR Archive 17.4.2005
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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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