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   

 Main Page
 Home Page of This Title
 Medium Grain Rice Market
 Global Market News
 Grain News
 Pulses News
 Global Overview
 Importers Profile
 Exporters Profile
 What Is Rice
 History Of Rice
 Rice Harvest Seasons
 Rice Processing
 Rice Nutrition Facts
 Meals With Rice
 INCO Terms
 US Rice Standards
 EU Codex Standards
 Egyptian Specs
 Sponsor List
 All Links
 Commodity Exchange
Search in news database
EU to subsidize grain exports from the big of the season
'In contrast to previous years, the E.U. is starting to subsidize grain exports from the start of the season. This means that the E.U. is indicating its adherence to a policy of aggressive exports even before getting the results of this year's harvest,' Sovecon said in a report.

As a result, the E.U. is expected to raise exports by 3 million tonnes of wheat and 600,000 tonnes of barley, mainly to the Mediterranean markets, which are key for Russian suppliers. No overall figures were provided.

E.U. exports are expected to increase due to higher carryover stocks of wheat, which are currently estimated at the record-high level of 157.3 million tonnes, or 3 million tonnes more than a year ago.

Sovecon downplayed reports about drought in Spain and Portugal, saying that Russian exporters are unlikely to fill this gap, as supplies to these countries are more likely to be made from the E.U. intervention stocks.

Russia's grain exports are estimated at around 8.3 million tonnes in 2004-05 and were previously seen rising to 10 million-12 million tonnes in 2005-06.
MGR Archive 7.7.2005
Printer Friendly Version Of This Article
Send This Article To A Friend
User Name:
      Forgot your Password?
Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
Click for Details

Medium Grain Reports
Rice Market News
World Rice Markets and Trade
USDA Country Reports
Rice Market Monitor
Rice Outlook
Italian Paddy Supply
European Rice Weekly
EU Reports
Convert this amount:

  © 2002 All rights reserved. - Legal Notice