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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China, Edible Bean, Pea and Lentil Situation
China’s pulse’s production is forecast to reach 5.8 million metric tons in 2005, a half million metric tons higher than the estimate for 2004. Regarded as a minor crop, pulse production accounts for only one percent of China’s annual grain and feed output. The forecast rise in kidney bean production is the main factor behind the increase in pulse production in 2005. China’s kidney bean producers are particularly aware of export demand. Last year, in response to higher grain prices and government support for grains, farmers planted more rice, wheat and soybeans. As a result, pulse acreage declined. The decline in both acreage and production in 2004 pushed wholesale prices upward for kidney beans and other pulses.

Trade sources estimate that in 2005, farmers will plant more kidney beans in major producing regions such as the northern provinces of Heilongjiang, Jilin and Inner Mongolia. According to trade contacts, overall kidney beans prices in 2004 was more than 20 percent higher than in 2003. Customs data on kidney beans does not show prices on bean varieties, but the overall value of pulse exports rose 17 percent during October 2004 to March 2005 period to $221 million, and total amount of pulse export rose seven percent during same period to 520,000 Metric tons .

Customs data shows that more than 80 percent of the kidney beans are exported through the two northern ports of Dalian and Tianjin. As mentioned in previous report, low production cost for pulses in China will continue keep the kidney beans export-competitive in the years to come.

Processed Pulse Exports Continue to Grow China exports large amounts of adzuki bean paste to Japan and South Korea. In the past, Adzuki paste fell in the same category as other processed products. To better monitor trade of this product, China customs started to use HTS (20059092) exclusively for adzuki paste trade in 2004. According to the customs data, China’s adzuki paste exports totaled 12,421 metric tons valued at $26.4 million in 2004 with exports to Japan alone reaching $25 million. The lack of previous data makes it difficult to judge its growth rate, however, trade sources estimate that China’s Adzuki paste trade will continue to grow.

Pulse Stocks

No change from FAS Beijing’s previous 2004 pulse report. As with any grain or feed in China, no official stock figures are available for pulses. Consistent with previous USDA pulse reports, post estimates stocks at zero (see the PSD table on page 7). However, trading companies reportedly store small volumes of dry pulses near port cities in northern China where it is drier and less costly. Most pulse products exit China from Qingdao or Tianjin for markets in Japan, South Korea, and most recently, South Africa. Therefore, China’s pulse stocks are centered around the ports of Qingdao and Tianjin.
MGR Archive 3.6.2005
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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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