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 rice production projected at a record this year
No changes are made on the supply side of the U.S. 2005/06 supply and use balance while only minor changes are made on the use side. The export projection is raised 1 million cwt to 121 million cwt because of an increase in the combined medium- and short-grain export projection. Tight supplies in Australia (medium- grain exporter), because of drought and below normal irrigation supplies, likely will translate into larger export opportunities for U.S. rice in markets in the Middle East and Oceania. The domestic and residual use projection is unchanged from a month ago. Ending stocks for 2005/06 are projected at 31.7 million cwt, 1 million cwt below last month. The season-average farm price range for 2005/06 is unchanged at $7.20 to $7.50 per cwt compared to $7.20 to $7.40 per cwt for 2004/05.

Slight changes are made to global supply and use projections for 2005/06. World production is projected at a record 410.4 million tons, up less than 100,000 tons from last month but 8.6 million tons above 2004/05. Global ending stocks in 2005/06 are projected at 67.3 million tons, the lowest stocks since 1982/83.
MGR Archive 12.6.2005
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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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