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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Australian wheat production
Australian wheat production in 2005/06 is forecast at 21.5 MMT, down 1.5 MMT from Post’s previous forecast (see GAIN Report #AS5008, 3/23/05), and reflect the earlier dryness and the late start to the season in eastern Australia. Despite this decline, a crop of this size would be 1.0 MMT more than the estimate for last season.

Wheat area in 2005/06 is forecast at 11.85 million hectares, unchanged from Post’s previous forecast (#AS5008). The fall in forecast wheat production is, therefore, due to a slightly lower anticipated yield, due primarily to the earlier dryness and planting delay in eastern Australia. Post anticipates the national average wheat yield in 2005/06 to be about 1.81 MT/ha, slightly under the ten-year average of 1.82 MT/ha established using ABARE’s historical data. Wheat area, yield and production in Western Australia are expected to be well above average levels.

The very late planting of much of the wheat crop in eastern Australia is likely to leave crops susceptible to poor seasonal conditions later in the season, should they eventuate. In addition, some of the crop was planted -- before the rains commenced -- in very dry conditions. These earlier planted crops suffered from poor germination, emergence and early development. Post will continue to closely monitor the situation in eastern Australia, particularly as it relates to abnormally cold weather events and the potential for dry, windy weather moving into the springtime period. Relatively minor revisions were made in the 2003/04 wheat area and production estimates, based on newly available data from the Australian Bureau of Statistics.
MGR Archive 1.7.2005
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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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