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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South Korea opens rice market
SOUTH Korea is expected to further open its protected consumer rice market to foreign competition within the year under a pact signed with nine rice exporting countries at the end of 2004.

The agreement calls on Seoul to raise its tariff-rate quota (TRQ) to 7.96%, or up to 408,700 tons, by 2014.

The TRQ, which is synonymous with minimum market access, is the quantity of rice South Korea must import to retain its tariff waiver.

Presently, the country is obliged to import rice equivalent to 4% of the domestic market, or 205,000 tonnes.

At the same time, self-sufficiency targets have been announced for the first time by the country’s policy makers.

South Korea’s self-sufficiency level, measured as the proportion of total demand for food and animal feed met by domestic production, stands at around 26%.

The ministry has said that with the exception of rice, the country relies on imports to meet most of its demand for agricultural goods, including for grain, fruits and vegetables.
MGR Archive 19.4.2005
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Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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