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 wheat production at second lowest level in 15 years
Total wheat use is projected to decrease by 5 percent in 2005/06 because of smaller exports and feed and residual use. Food use is unchanged. Projected exports of 950 million bushels are down 100 million because of larger exportable supplies elsewhere in the world. U.S. ending stocks are up 137 million bushels and are the largest since 2001/02. The 2005/06 price range is $2.55 to $3.05 per bushel, compared with an estimated $3.39 for 2004/05.
World wheat use in 2005/06 is projected to exceed production by a small amount, reducing world wheat ending stocks slightly to 147 million tons, the second lowest level in 15 years.
Global use is projected up 2 percent with just over half the increase in feed use. World wheat production is expected to decline 2 percent in 2005/06, mostly because the previous year’s exceptional yields across most of Europe are not expected to be matched. Foreign wheat production is projected down 10 million tons to 556 million because of reduced prospects in the European Union (EU-25), Morocco, Canada, Other Europe, Brazil, and Turkey. World wheat trade in 2005/06 (July-June) is expected to decline 1 million tons to 107 million due mostly to reduced imports by China and Pakistan. These declines more than offset increases for Turkey, Morocco, and Brazil. U.S. wheat exports are expected to drop 9 percent to 25.5 million tons because of intense competition.
MGR Archive 16.5.2005
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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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